Islamic finance's growth much more than a leap of faith

Updated
Minaret
Minaret

Islamic finance remains widely misunderstood and, by many, significantly underestimated. The reality is that it is a USD1.3 trillion global industry – growing between 15 to 20% p.a. in the past decade – and in markets you may not expect.


The face of Islamic banking has changed markedly in just the past several years. Only five or so years ago, when I would seek points-of-view on Islamic finance, inevitably I would find myself talking to a researcher or an academic.
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