The constraints applied by Islamic banks rendered them more resilient in the recent financial crisis compared to their conventional counterparts. This has attracted the attention of market participants and researchers to their liquidity buffers, leverage ratios, managerial efficiency and bespoke financial products. Islamic banking products are now offered in more than twenty countries and their expanding suite includes bonds, equity indices and insurance. The sector is estimated to exceed $1trillion in value, while growing at about 15% per annum...For more details see:
http://www.lums.lancs.ac.uk/research/centres/golcer/ibf-2014/
http://www.lums.lancs.ac.uk/research/centres/golcer/ibf-2014/
