Islamic Finance Set To Reach US$5 Trillion By 2016

Experts Predict 25% Annual Growth; Quadruple In Four Years

International Islamic Finance Conference 2012 October 14 – 16, 2012 Park Hyatt Hotel, Abu Dhabi, United Arab Emirates

The global Islamic finance and banking sector is pegged at US$1 trillion with an estimated growth rate that is four times higher than conventional financial services, according to organisers of the upcoming International Islamic Finance Conference 2012.

In a news announcement the event management team at Emerald Insight suggested that the demand for the Sharia’a-managed industry is largely marketing driven with a noticeably high number of institutions entering the arena introducing new products to market.Read more…