 |
The Middle East region and Islamic finance industry did not escape the effects of the global financial crisis, but the overall consensus is that they weathered the storm well and are on their way to, not only a full recovery, but continued growth. 2011 GDP projections for many of the countries within the region are around 5%, with expectations for countries like Qatar in the double digits. Recent turmoil in the region will certainly impact the speed of this growth, but many in the market are excited about the potential for both the conventional and Islamic finance industries.
|