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What are the key drivers behind the 14% growth in Islamic finance?


What are the key drivers behind the 14% growth in Islamic finance?
The industry returned to strong growth after the slowdown in 2018, when the industry expanded by a more moderate 2%
By Shereen Mohamed, ZAWYA
The Islamic finance industry saw double-digit growth of 14 percent in 2019 at $2.88 trillion in assets, and it is expected to reach $3.69 trillion by 2024, according to a report by Refinitiv and the Islamic Corporation for the Development of Private Sector (ICD).
The industry returned to strong growth after the slowdown in 2018, when the industry expanded by a more moderate 2 percent. This growth is despite the uncertainty felt across the largest Islamic finance markets over the past few years due to sustained low oil prices and subdued industry growth in previous years. ....

Tanger Teuan , Saudi Arabia , Shereen Mohamed , Seban Scaria , Icd Refinitiv Islamic Finance Development , Refinitiv Islamic Finance Development , Islamic Development Bank Is , Islamic Corporation , Private Sector , Southeast Asia , Islamic Development Bank , Strategic Preparedness , Response Programme , Saharan Africa , Central Asia , Refinitiv Islamic Finance Development Report , சவுதி அரேபியா , ஷெரீன் மொஹாமெட் , இஸ்லாமிய வளர்ச்சி வங்கி இருக்கிறது , இஸ்லாமிய நிறுவனம் , ப்ரைவேட் துறை , தென்கிழக்கு ஆசியா , இஸ்லாமிய வளர்ச்சி வங்கி , மூலோபாய ப்ரிப்யாரெட்நெஸ் , பதில் ப்ரோக்ராம் , மைய ஆசியா ,