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FINANCIAL NEWS
Islamic finance to grow to more than USD2 trillion
03 Jan 2014
(MENAFN) Islamic finance is expected to significantly grow in 2014 and its volume will reach more than USD2 trillion, according to Saudi Gazette.
Islamic banking dominating will grow by 78 percent, sukuk at 16 percent, takaful at 1 percent, Islamic funds at 4 percent and Islamic microfinance with 1 percent.
Dubai and London are expected to be strong competitors in 2014 to become the global hub of Islamic banking and finance.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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