What are the key drivers behind the 14% growth in Islamic finance?
What are the key drivers behind the 14% growth in Islamic finance? The industry returned to strong growth after the slowdown in 2018, when the industry expanded by a more moderate 2% By Shereen Mohamed, ZAWYA The Islamic finance industry saw double-digit growth of 14 percent in 2019 at $2.88 trillion in assets, and it is expected to reach $3.69 trillion by 2024, according to a report by Refinitiv and the Islamic Corporation for the Development of Private Sector (ICD). The industry returned to strong growth after the slowdown in 2018, when the industry expanded by a more moderate 2 percent. T...
Source: themuslimtimes.info