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The global market for Islamic financial services, as measured by sharia compliant assets, is estimated by TheCityUK to have reached $1,041bn at end-2009, 10% up on $947bn in 2008. Growth in 2009 was a respectable outturn for the industry in the context of the financial crisis at the time (Chart 1). Islamic finance is benefiting from recovery in the global economy, particularly in emerging markets, and is likely to have experienced a further year of steady growth in 2010 estimated by TheCityUK at 10-15%. It has the potential to sustain this rate of growth over a number of years.
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Mo - Fr, 9:30 - 17:00 Uhr (CET)
Mo - Fr, 9:00 - 18:00 Uhr (EST)
Mo - Fr, 9:00 - 17:00 Uhr (SGT)
Mo - Fr, 10:00 - 18:00 Uhr (JST)
Mo - Fr, 9:30 - 17:00 Uhr (GMT)
Mo - Fr, 9:00 - 18:00 Uhr (EST)