World Finance

World Finance

March 06, 2015 09:00 ET

World Finance Islamic Finance Awards Reveal What's Next for the Sector

LONDON, ENGLAND--(Marketwired - March 5, 2015) - Beginning in the 1990s at a modest $150bn, Islamic finance assets reached the $2trn mark last year and show no signs of tailing off anytime soon. What's more, with the Muslim population tipped to reach 26 percent of the global population come 2020, and key financial centres such as London, Singapore and Hong Kong looking to muscle in on the action, Islamic finance is not the niche segment it once was.

With so many recent developments to consider, it's difficult to identify the names responsible for the boom. The World Finance Islamic Awards 2015 highlight the most impressive names in the business and look at how they've each spearheaded the most promising industry developments. By looking at the best Islamic banks, asset managers, takaful providers and more, the World Finance Islamic Finance Awards 2015 paint a picture of where the industry sits in today's economy and how it has grown.

World Finance celebrates those who've made this growing market one of the 21st century's brightest areas, and the strengths that have made them worthy of recognition. Looking at sharia-compliant financial services, progression and innovation, sustainability, market presence, governance and a host of other factors, the Islamic Finance Awards offer the rundown on which firms World Finance believes to be worthy of recognition.

For a look at the winners of this year's Islamic Finance Awards, take a look at the new March-April issue of World Finance, available in print and online now.

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