Islamic finance is emerging as a rapidly growing part of the financial sector in the Islamic world and is not restricted to Islamic countries, but is spreading wherever there is a sizable Muslim community. According to some estimates, more than 250 financial institutions in over 45 countries practice some form of Islamic finance, and the industry has been growing at a rate of more than 5 percent annually for the past several years.
- ISBN13 9780821371411
- Publish Date 30 November 2007
- Publish Status Active
- Publish Country US
- Imprint World Bank Publications
- Format Paperback
- Pages 328
- Language English