It had been reported that global Islamic banking assets are expected to cross the $1.8 trillion mark in 2013 up from $1.3 trillion in 2011. This was made available by Ernst & Young’s in its World Islamic Banking Competitiveness Report 2013. According to E&Y’s report, the Islamic banking industry continues to record robust growth, with the top 20 Islamic banks registering a growth of 16per cent in the last three years.
Islamic Bank assets to hit $1.8trn in 2013
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