Regulators Inspire Global Asset Growth

Having reached USD1.91tln in the first half of 2014, the Islamic finance industry’s assets are expected to surpass the USD2tln asset mark globally during 3Q14. Driving this growth have been proactive efforts by national regulatory bodies in providing a facilitative, and largely cohesive, global environment for the industry. As many as 70 countries, and more than 600 financial institutions, offer Shariah-compliant financial products; firmly establishing Islamic finance as an alternative financial system.

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