Opportunities in emerging Islamic financial markets

Authors

  • H. ASKARI
  • Z. IQBAL

DOI:

https://doi.org/10.13133/2037-3643/10494

Keywords:

Islamic banking, Islamic financial markets

Abstract

There are more than one billion Muslims in the world and they account for roughly 5 per cent of the world's GNP. Some people estimate that Islamic banking will be responsible for managing up to 50 per cent of savings in the Islamic world within the next five to ten years. Recent developments in Islamic financial markets, including the participation of Western financial institutions, are surveyed.

 

JEL Codes: G21, G15

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Published

2013-10-20

How to Cite

ASKARI, H., & IQBAL, Z. (2013). Opportunities in emerging Islamic financial markets. PSL Quarterly Review, 48(194). https://doi.org/10.13133/2037-3643/10494

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Section

Editorial