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Report

Islamic Finance

Mar, 2018
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Summary

The size of the Islamic finance industry has more than doubled since 2009. The Islamic Finance special report, published in The Times, explores the growth of the sector and the possibility for Islamic finance to plug the UK investment gap post-Brexit. Fast growth in the sector is opening opportunities for women to make their mark and London is entering the race to become world’s the leading Islamic fintech hub. Also featured is an infographic on the growth potential of Islamic finance and coverage of the proliferation of the sector in Africa, the continent where Islamic banking was launched

Infographic

The size of the Islamic finance industry has more than doubled since 2009. Awareness of Sharia compliant banking and finance has risen markedly over recent years, helped by rising per capita income and wealth of Muslims worldwide. While growth has slowed since the financial crisis, the industry is now worth more than $2 trillion and has plenty of scope to grow further, evidenced by a growing gap between the actual and potential size of the industry