World Finance

World Finance

March 21, 2016 09:00 ET

World Finance Announces Islamic Finance Award Winners

LONDON, UNITED KINGDOM--(Marketwired - March 21, 2016) - As conventional banking continues to disappoint, Islamic finance has carried on growing to the point where investors predict it could be worth $1.6trn by the end of the decade. The World Finance Islamic Finance Awards 2016 celebrate the companies and individuals that are paving the way for Islamic banking services, spurring economic growth and promoting financial inclusion.

Given the unpredictable economic and political landscape, as well as the instability of the worldwide financial market, the need for risk-averse investments is greater than ever. Islamic finance will therefore continue to be popular in traditional markets, and is expected to make impressive headway in the years ahead. In addition to mainstreaming its capabilities in core markets, the global Islamic finance industry has continued to enter new areas and with notable success.

The World Finance Islamic Finance Awards pour over the industry's leading companies and offer an insight into where its future lies. Only the most innovative names have made the cut, and the winners of this year's Islamic Finance Awards read like a who's who of the spectacular in Islamic finance.

With such benefits at play, the industry will no doubt continue to go from strength to strength as more international players realise the potential and risk-averse nature of this unique market.

To see the winners of this year's Islamic Finance Awards, pick up the latest issue of World Finance, available in print and online now.

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