IslamicFinance.de

The CEO of Kuwait Finance House-Turkey, Ufuk iwan, emphasized that the Islamic banking industry has reinforced its competitiveness during the economic crisis, and that Islamic banks weren't so vulnerable any more in front of the impact of the crisis that their traditional counterparts, since they deal in real products instead of relying on offering loans.
He added that by the end of 2010, Islamic banking assets reached 83 % of total Islamic assets in general, followed by sukuk 11 % and Islamic funds 4.6 %.