(MENAFN) international Islamic finance possessions had a projected value of USD1.8 trillion in 2014 and are estimated to double by 2020 to hit USD3.2 trillion, according to the latest reports.
Recent efforts have been targeting to highlight the investment prospects in high-growth emerging Islamic finance markets covering top regions, like Central Asia, North Africa, and the Americas.
As global recognition of Islamic finance continues to grow, more non-Muslim countries are starting Islamic finance initiatives by assisting Islamic financial institutions to establish their operations.
One of the top nations that seek to position itself as a regional hub for Islamic finance in North America is Canada, which has the most efficient and safest banking system in the world.
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