Growth plans for Islamic banking


Islamic banking is emerging as one of the fastest growing sectors in global finance.

Based on the principles of Sharia law, Islamic banking forbids the collection of interest payments.

Representatives from the sector are meeting at the Asia Islamic Banking Conference in Singapore this week.

Many of them are looking to Asia for growth opportunities - especially in Malaysia and Indonesia.

Hussain Al Qemzi from Dubai-based, Noor Islamic Bank, has been speaking to the BBC's Rico Hizon about why he believes Islamic banking is a viable alternative to traditional banking.

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