Sunday, 8 May 2011

gulfnews : Islamic finance bloc needed to boost Sharia-based investment

Key indicators
  • Image Credit: Gulf News

Dubai: Grouping countries according to common economic characteristics, and giving them a catchy acronym, is the latest phenomenon among analysts and investors.

The fast growing emerging markets of Brazil, Russia, India and China are commonly known asBric. The newest group is Civets — Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa — who are expected to be the next group of fast-growing economies.

But is there a cluster of Muslim countries that can capture the attention, imagination and dollars of global economists, research analysts and investors?

No comments:

Post a Comment