Profile image
By HTF Market Intelligence
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Islamic finance: High growth potential but serious challenges persist

Wednesday, February 22, 2017 8:20
% of readers think this story is Fact. Add your two cents.

The Islamic finance industry has witnessed strong double digit growth in recent years, and yet serious problems persist that are likely to stop it from growing beyond a certain point. These include a lack of access to financial institutions in Muslim majority nations, general instability in large parts of the Muslim world, as well as a lack of concensus amongst the Islamic clergy from their various respective schools of thought, as to what exactly is “Islamic finance”.

Get Sample Report @

Key Findings

Covers the background of the Islamic finance industry

States the most common types of Islamic financial services

Outlines in which countries the industry has grown the most and where it has the potential to continue doing so

Assesses serious problems within the industry

Concludes that the strong growth potential of this industry cannot be achieved if these serious problems are not resolved.

Reasons To Buy

What is the Islamic finance industry?

Which types of Islamic financial services exist?

Where is this industry the most dominant?

Which serious problems still trouble the industry?

Key Highlights

Whilst sharia compliant financial services have existed ever since the beginning of Islam in some shape or form, it is only in the 1970s that they were increasingly centralized and adapted to better fit the modern economic system.

According to one study around 40% of Muslims rejected non-sharia loans, which is around 700 million people, a massive number.

Despite strong growth potential, serious problems persist in this industry. These range from banks and financial institutions often finding themselves unable to reach large proportions of their customer base, to a general lack of scholarly consensus with regards to what qualifies as sharia compliant finance.

View Detailed Table of Content @

Contact us at

Craig Francis

+1 (206) 317 1218




We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.