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Islamic finance sector takes a breather

28 January 2010

The Islamic Finance report from International Financial Services London (IFSL) notes that the Islamic finance sector is feeling the influence of the downturn

The Islamic Finance report from International Financial Services London (IFSL), the independent organisation promoting financial services throughout the world, notes that the Islamic finance sector is feeling the influence of the downturn in the global economy with asset growth likely to have paused for breath in 2009.

Parts of Islamic finance face particular challenges: some Islamic banks are exposed to the downturn due to the falling real estate market and to...


 

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