Islamic finance


Islamic banking is currently one of the most exciting areas of the financial markets. Given the steep rise in oil prices over the past couple of years, there's plenty of cash floating around the Middle East looking for a home - and investors want to invest that money in sharia-compliant products.

As a result, foreign investment banks are piling into the market. After being dominated by European institutions - the likes of BNP Paribas, Deutsche Bank, HSBC and UBS - US banks are looking to catch up

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