Middle East Economic Survey

VOL. LIV

No 3

17-Jan-2011

REGIONAL

Islamic Financial Institutions At A Crossroads, Ernst & Young Say

Islamic financial institutions are at a crossroads entering 2011, Ernst & Young said on 9 January. The industry will continue to be resilient in the face of a challenging economic scenario, despite the fact that growth levels of the Islamic finance industry came under tremendous pressure in 2010. Having achieved the critical volume estimated at $1 trillion...