posted by Christopher W. Holton

This explains in a nutshell why Shariah-compliant finance has gained a firm foothold in the West…

Muslims have a whopping $11.5 trillion of wealth to their names, triggering a race among asset managers to tap this massive pool of capital, a Bloomberg report says.

According to Washington-based Pew Research Center estimates, Islam will remain the world’s fastest-growing major religion over the next few decades, with demand for investments that comply with the Qur’an tenets rising.

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