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Full-Text Articles in Business
Is Islamic Finance Wanted In Australia?, George Mickhail
Is Islamic Finance Wanted In Australia?, George Mickhail
Faculty of Business - Papers (Archive)
PwC and EY had independently found that the global market in Islamic fi nance has been growing at an average annual rate of 17% since 2009 and will continue to do so until 2017.
Is Islamic Finance Important To The Australian Economy?, George Mickhail
Is Islamic Finance Important To The Australian Economy?, George Mickhail
Faculty of Business - Papers (Archive)
On the 31st July 2015, and according to fi gures published by the World Federation of Exchanges, the size of the Australian domestic equity market capitalization (companies admitt ed to listing only) was US$1.23 trillion, which is 1.96% of the global domestic equity market capitalization of US$62.8 trillion. On the other hand, the global Islamic fi nance industry assets in 28 diff erent jurisdictions were estimated to be worth US$1.85 trillion or 2.95% of the global domestic market capitalization.
Australia Slow To Capitalise On Islamic Finance Opportunities, George Mickhail
Australia Slow To Capitalise On Islamic Finance Opportunities, George Mickhail
Faculty of Business - Papers (Archive)
Australia has one of the most efficient and competitive 'full service' financial sectors in the Asia Pacific region and is situated close to the fastest-growing region in the world. The Islamic finance industry is not only growing rapidly in the world, but is also showing stability and resilience in the face of instability in the global markets. However, Australia has been slow to capitalize on the opportunity to develop and export Islamic finance services.