40% of the total assets of the Islamic banking system of the world occur in Iran

Almaty. November 28. Silkroadnews - Iran accounts for about 40% of total assets, currently available at the disposal of the Islamic banking system of the world, informs the Iranian News Agency (IrTAG).
According to specialists the world's leading financial institutions, including the International Monetary Fund and the World Bank, between 2003 and 2013 the real assets of financial institutions that operate on the basis of Islamic banking, increased by 9 times, reaching the sum of $ 1.8 trillion.
According to these data, 40% of them occur in Iran, 12% - Saudi Arabia, 10% - in Malaysia. The remainder is splitted between the other countries with smaller shares.
The authors of the report noted that the total volume of Islamic finance in the world over the past 4 years has doubled, and today reached more than $2 trillion. According to the analysts, this is not the limit, and the amount of such assets in the coming years will continue to grow. Thus, experts of Standard & Poor's predict, in 2020 they will have reached $4 trillion.