Islamic banking and finance is rapidly evolving from niche to mainstream. Estimates of the present size of the industry vary considerably depending on the source but it is widely accepted to be in the region of USD 1 trillion of assets (with a growth rate of 15 – 20% per annum), with potential to grow to USD 2.8 trillion by 2015. ...[ Read More ]

In the wealth management classes I conduct in the middle-east I include a small session on Islamic-based financing and particularly the Sukuk. In presenting these sessions what has struck me is how little awareness there is out there of this growing branch of finance and the eagerness of the participants to learn more. ...[ Read More ]