An Islamic banking revolution?
After the revolution in Egypt, people expect an answer regarding the possible opening of the Islamic banking.
Although Egypt accounts for nearly 10 per cent of the Arab world's gross domestic product (GDP) and its banking system is one of the largest in the region, the country hasn't been involved lately in Islamic banking.
Egypt's absence has been a loss for the Islamic finance industry as a whole. That's the one's that are interested in Islamic banking are hoping that the market will open their gates to Islamic banking.
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