Abstract
The global market for Islamic financial services has shown strong growth in recent years and has demonstrated remarkable resilience following the global financial crisis in 2007. Although Islamic financial assets currently make up only a fraction of the world’s financial assets at 1 percent, many Islamic banks have experienced double-digit growth rates in recent years, surpassing their conventional peers (ATKearney, 2012). Indeed, global Islamic financial assets have tripled since the start of the economic slowdown in 2007 (TheCityUK, 2015) and are forecast to reach $4 trillion by 2020 (Karim, 2012).
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References
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Harrison, T., Ibrahim, E. (2016). Introduction. In: Harrison, T., Ibrahim, E. (eds) Islamic Finance. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-30918-7_1
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DOI: https://doi.org/10.1007/978-3-319-30918-7_1
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-30917-0
Online ISBN: 978-3-319-30918-7
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