STRONG GROWTH SET TO CONTINUE

摘要

The deputy CEO of HSBC Amanah talks to Stephen Timewell about how the bank is balancing its focus between key traditional Islamic finance countries and products, and expanding into less well established areas.rnHow do you see the Islamic finance market evolving in 2011 and what are the significant changes taking place?rnThe Islamic banking industry has been growing at double-digit compound annual growth rates over the past few years. Malaysia and the GCC [Gulf Co-operation Council] countries have been particular beneficiaries of this strong growth. According to management consultancy Oliver Wyman, the Islamic finance industry is expected to grow at about 20% annually until 2012.