Global Shariah-compliant banking assets are forecast to exceed US$3.4 trillion by 2018 by Ernst & Young’s Global Islamic Banking Center.
Shariah banking profits, however, lag those of conventional banks by a wide margin. The profit numbers for Shariah banks are, on average, 15-19 percentage points lower than traditional banks.
There are an estimated 38 million customers who bank with Shariah banks around the world.
