Islamic banking & finance has emerged as one of the most rapidly expanding segments of the global financial industry with assets reaching $6 trillion milestone, covering 140 countries and over 2250 institutions as per the latest Report by London Stock Exchage Group. The industry is expected to reach $9.7 trillion by 2029 with a double-digit growth. Malaysia, Saudi Arab, UAE, Indonesia & Pakistan has taken lead in the development of this sector with focus government support and regulatory measures. Islamic banking has emerged as the largest segments of the global Islamic finance industry, evolving from a niche concept into a…
