are set to expand as they compete increasingly with conventional
lenders in attracting mainstream customers, according to a report by
consultancy Ernst & Young released on Monday.
The total of all commercial banks'
Islamic assets is estimated to reach $1.55 trillion this year, $1.8
trillion in 2013 and over $2 trillion mark, the report said. Gulf-based
Islamic banks now have $450 billion in assets, about 30 percent of the