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Islamic Banking and Finance has emerged in recent decades as one of the most important trends in the financial world. There has always been a demand among Muslims for financial products and services that conform to the Shariah (Islamic law). With the development of viable Islamic alternatives to conventional finance, Muslims are beginning to find Shariah compliant solutions to meet their financial needs. Given a total population of more than a billion Muslims worldwide and an estimated industry size of USD 250 billion, Islamic finance is a serious business for Muslims and non-Muslims alike.
