IslamicFinance.de

Shariah investing is forecast to grow very rapidly, following the long-term trends of emerging markets. Executive Chairman of Templeton Emerging Markets Group, Dr. Mark Mobius found that emerging markets outperformed US and world markets in 17 out of the last 28 one-year periods. Islamic stocks in Indonesia, Malaysia and Turkey are doing particularly well. Dr. Mobius said 40% of world GDP is in emerging markets, currently Muslim majority countries have a GDP growth of 8%, up from 4% in 1987.