FOR IMMEDIATE RELEASEPressnews.biz (Press Release) May 11, 2014 -- Islamic banking has grown from a niche market into a mainstream industry. What seemed to be an "utopian dream" more than two decades ago has now become a reality. Islamic financial service today is accepted worldwide as an ethical and viable financial system. Today Islamic banking is an increasingly visible alternative to conventional banks globally. It has also contributed to growth in the Islamic world by drawing the unbanked and under banked populations into the financial system and allowing risk sharing in regions that are subject to large stocks but few buffers. The industry is presently managing funds worth more than $1 trillion and this is only the tip of the iceberg.
|Issued By||:||Fleming Gulf|
|Business Address||:||Fleming Gulf Dubai Airport Free Zone P.O. Box 54772 Dubai, U.A.E.
|Country||:||United Arab Emirates|
|Categories||:||Business, Event, Finance|
|Tags||:||Islamic Retail Banking, Islamic Finance, Sharia, Islamic Life Insurance, Islamic Mortgages, Retail Asset management, Fund distribution, takaful|
|Last Updated||:||May 11, 2014|
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