Islamic investment grows to over $1.5 trillion said Al Baker
Compliant products globally, including equities that conform with Islamic principles, sukuk and Islamic funds, stands at over $1.5 trillion.
Abdul Rahman Al Baker, the Executive Director of Financial Institutions Supervision, Central Bank of Bahrain (CBB), stated that Islamic asset management industry is an area that has become larger to an increasingly substantial segment within the financial markets. He also added that Islamic financial products symbolize a class of investment which is adressed to those looking for a socially responsible or ethical investments.
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