ISLAMONLINE: A new report by Morgan Stanley has found that the 22 Islamic banks in the GCC have over $300bn of Sharia-compliant assets and were poised for double digit growth sustainable over the next decade, reported Bahrain Tribune. The report also forecasts that Islamic assets in the GCC would grow to 18% of system assets by 2012 from its current 13%.
A new report by Morgan Stanley has found that the 22 Islamic banks in the GCC have over $300bn of Sharia-compliant assets and were poised for double digit growth sustainable over the next decade, reported Bahrain Tribune. The report also forecasts that Islamic assets in the GCC would grow to 18% of system assets by 2012 from its current 13%. [Source: GCC Islamic banks assets hit $300bn]
The Dawning of a New Dark Age (Paperback - UK)
The Dawning of a New Dark Age (Hardback - UK)
