Islamic finance in Europe (60)

Continuation

1991-2000 years:

Bank Muamalat Malaysia Berhad – Malaysia (1999)

Current:

International Islamic Financial Market – Bahrain (2002)

Islamic Financial Services Board - Malaysia (2002)

Liquidity Management Centre – (2002)

International Islamic Rating Agency – Bahrain (2005)

International Islamic Centre for Reconsiliation and Arbitration – (2005)

Islamic Capital Markets

Continuation

Sukuk have been a particularly fast growing segment of the market and, after Islamic banking, represent the second-largest asset class within the Islamic finance industry.

From the research paper of European Central Bank

(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho, B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)