Publication:
Emerging trends and opportunities for Islamic banking and finance in MENA
Abstract
Politics inevitably influences economic activity and financial markets. Although it is premature to give a full assessment of the impact of Arab Uprisings on the financial sector and in particular the Islamic financial segment, it is possible to draw some preliminary conclusions. First, as far as the countries of the Gulf Cooperation Council (GCC) are concerned, it is largely business as usual, and even in Bahrain, the economy subject to the most potential damage, the concern is long term, as for the present the island remains the leading centre for Islamic finance in the Gulf and continues to host the largest number of Islamic financial institutions.
Keywords
Islamic finance , Islamic banking , MENA , Gulf Cooperation Council (GCC)
Citation
Wilson, Rodney. (2012). Emerging trends and opportunities for Islamic banking and finance in MENA. In Sohail Jaffer & Kamar Jaffer (Eds.), Investing in the Middle East and North Africa (MENA) region: fast track opportunities for growth (pp. 297-308). London, United Kingdom: Euromoney Institutional Investor PLC.
Publisher
Euromoney Institutional Investor PLC
Available in physical copy only