December 2008

Islamic finance: Size will matter in Islamic banking

Data from the Islamic Finance Information Service indicate that rapid growth of Shariah-compliant banking comes mostly from a low base. Is the sector set for a wave of consolidation as organic growth slows? Chris Wright reports.


Top 50 Islamic Banks Fastest Growing Islamic Banks by Net Income Fastest Growing Islamic Banks by Assets THERE ARE 300 Islamic banks operating in the world today. But this statistic, ubiquitous in presentations about the growth of Islamic banking, is not an entirely positive number: it’s far too high....


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