Shariah-Compliant Finance could reach 25%-40% market share in Tunisia
On June 17, 2013 · In Creeping Shariah, Islamic Banking, Islamic Bonds, Islamic Finance, Islamization, Shariah Banking, Shariah Bonds, Shariah Finance, SUKUK, Thomson Reuters, Tunisia
The emergence of Shariah-compliant Finance in Tunisia is hardly surprising given the emergence of the Muslim Brotherhood and Salafist factions in the wake of the so-called “Arab spring.”
According to Reuters, Shariah-compliant finance could gain as much as a 40% marketshare in Tunisia.
A poll in Tunisia indicates that 54% of respondents would switch their money to Shariah-compliant institutions.
Note that if this report linked below reads like an advertorial, there is a reason. It’s from Reuters. Reuters’ parent, Thomson Reuters provides a variety of information services to the Shariah Finance industry…
http://www.reuters.com/article/2013/06/16/islamic-finance-tunisia-idUSL5N0ES02S20130616
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