Analysis of Islamic Financial System in the Global Market: And Entry in India [dataset]

Iosr Journals, Uruj Saquib, Dr. Rosy Kalra
2015 Figshare  
Islamic finance has grown rapidly, even though it is still a small share of the global financial market. The Islamic banking segment has increased its penetration in many countries. It has became systematically important in Asia and Middle east, while the global issuance of Sukuk-the Islamic equivalent of bonds-is expanding with remarkable international reach of issuers and investors. This trend is expected to continue, driven, in particular, by strong economic growth in countries with large
more » ... tries with large and relatively unbanked, Muslim populations. The Islamic finance industry offers important potential benefits, the IMF stated in its IMF Research June 15 bulletin.
doi:10.6084/m9.figshare.1501025 fatcat:p4ovpbrcnzd55dtb7izi3gzl4e