The Islamic banking business is poised to move ôbeyond the transactionö as it wrestles with unprecedented growth. It is fast evolving from a niche within the global banking system to what may become û in the next generation û a track parallel to conventional financial services. Certainly the wealth management business will factor into this transition, as wealth advisors partner with Islamic investors for the benefit of their underlying investment portfolios.
Recent momentum in issuance of sukuk aka Islamic bonds, following...
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