IBTimes -
13 Feb 2014 05:31
The global Islamic finance industry is worth anywhere from $1 to $1.6 trillion dollars. Demands for sukuk issues alone are forecast to top $100 billion this year. Though Shariah-compliant banking has been spreading to Western countries, its largest markets have grown in places where Muslims dominate local populations -- and have money to spend. A team of economists at the World Bank has begun to compile data and statistics about Islamic finance. It hasn't been easy.
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