Terminology that sets apart Islamic Finance from conventional Finance
25 May 2017
Relatively speaking, Islamic finance forms a relatively small, but significant part of the international world of finance. However, in stark contrast to the western banking system, which has for the most part been struggling to produce significant profits since the 2008 recession, this sector is currently booming. Over the last 10 years, this little-known portion of the global finance industry has been enjoying steady annual growth rates of between 15-20% and shows no sign of slowing down anytime soon.