|Event Date/Time: Oct 08, 2007|
Islamic financial products are fast becoming the favorite of the global banking industry as many mainstream banks are beginning to offer Islamic banking products and services to consumers, attracting Muslims and non-Muslims alike. The trend is mostly due to risk sharing, ethical provisions and no-interest policies requirements in the service offering itself. Current estimates put the size of the global market at between 200-300 billion US dollars and growing at 15 percent annually.
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