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The Islamic finance phenomenon

Introduction

The Islamic finance phenomenon

Why does Islamic finance exist?

Why is Islamic finance a sizeable and growing market?

Key challenges facing the industry

Conclusion

INTRODUCTION

Islamic finance is estimated to be an industry worth over a staggering $1.7 trillion1 in terms of global banking assets and is growing globally at more than 15 per cent per year. For some, it represents an opportunity to tap into a lucrative new market, while for others it is now necessary to provide services or products in this sector so that current or potential customers are not lost. This book seeks to equip practitioners with an understanding of the key concepts underpinning Islamic finance and the prevalent and ...

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