[Michael Fouad Chahine of Credit Suisse:] "The development of Islamic banking has so far been limited to countries with a higher percentage of Muslims (...). But this is changing as more international regulators accept the importance of Sharia. It is now also accepted as socially responsible banking". (...) [John Sandwick of Encore Management:] "If no effort is made whatsoever, I am afraid the world will pass Switzerland by in the race to control the rich prize: which today is worth hundreds of billions, but in the future will be trillions of dollars of Islamic wealth."
Thursday, 12 March 2009
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