Chapter 4
Touring the Islamic Finance Industry
In This Chapter
Meeting existing Islamic financial institutions
Seeing the impact of global credit crises on the industry
Predicting future growth
Anticipating industry challenges
In this chapter, I take you on a quick tour of the Islamic finance industry as it exists today. I first introduce you to the key participants in the industry: the institutions that offer financial products to businesses and individuals. Then I share some thoughts about how a changing global financial landscape — epitomized by a seemingly never-ending string of credit crises — is influencing the Islamic finance industry.
I firmly believe that this industry is poised for substantial growth in the near future, and I explain why I feel that way in this chapter. I also list some challenges that inevitably accompany growth as Islamic financial institutions search for new products, employees, and clients — all while upholding a commitment to the principles that define the industry (see Chapter 1).
Looking at Current Islamic Financial Institutions
Many types of Islamic ...
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