particularly important as Asia holds a major percentage of Islamic assets in South Asia, Southeast Asia, and the Middle East, with … new opportunities opening in Central Asia. …

yearly while the banks still make decent profits. Yet, Islamic finance in Africa imitates the financing model of the West and … the GCC. Foreign capital evaporates with the slightest shock in Africa and the growth of GDP means nothing to the … primary intent of the Shariah which aims to achieve societal happiness. Equity funds are looking scarce in Africa but the …