The Pull of Islamic Finance

Summary


ISLAMIC asset management is attracting global attention for its ethical value that encourages optimal use of economic resources.

BY 2020, there will be about 2.5 billion Muslims worldwide. But while Islam may be the fastest-growing religion, the investment needs of Muslims have not been fully met.

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Extract


The Pull of Islamic Finance

More is expected of Islamic asset management. The market, while still in its infancy, is already growing at a phenomenal rate of 15- 20% per annum.

Regional banks like CIMB Group are setting up Islamic teams abroad. CIMB Islamic teams in Singapore, Brunei, London and Bahrain a...

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