Part III: Six Factors Driving the Future of Islamic Banking

During the last few decades, the Islamic Banking industry witnessed a sustained growth that resulted the total asset size exceeding over two trillion dollars. Now the Islamic Banking is no longer an alien in the global financial industry.

Besides the forerunner countries in the industry, such as Malaysia, UAE, Iran, Saudi Arabia, Kuwait and Bahrain, many Non-Muslim cities are becoming increasingly popular as an Islamic Banking hub. Despite such increasing visibility globally, there is a need for self-check for the Islamic Bankers in order to sustain such growth in the future.

In this five-part article series, Mabroor Mahmood presents six factors that will be instrumental in shaping the future of Islamic Banking. Today the third factor...