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22.2.10

IFSL Report: Islamic Finance 2010

A new IFSL report on Islamic Finance 2010 estimated that the global market for Islamic financial services, as measured by sharia compliant assets, rose by a quarter to $751bn at end-2008. The Islamic finance sector is feeling the influence of the downturn in the global economy with asset growth likely to have paused for breath in 2009. Commercial banks account for the bulk of the assets with investment banks, sukuk issues, funds and takaful making up the balance.

Useful to compare to their 2008 and 2009 reports as well.


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