Future of Islamic Banking
For the past years, most Islamic banks have double-digit growth rates, surpassing their conventional rivals. There is ample room for growth for the Islamic Banking as they form part of merely 30% of total market share, even in the countries like UAE, Saudi Arabia, Kuwait and Malaysia. However, there are still several potential markets with large Muslim populations that remained largely untapped, such as India or even China.
Subsequent to rapid growth, Islamic banks are facing
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