Showing posts with label mckinsey. Show all posts
Showing posts with label mckinsey. Show all posts

Monday, September 06, 2010

BANKING - Growing Islamic finance should diversify, regulate: analysts

KUWAIT CITY, Sunday 5 September 2010 (AFP) -- Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realise its full potential, analysts and economic reports say.

Diversification into new territories is also necessary to reduce the risk of exposure and utilise their full potential, they add.