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Economists had estimated the volume of Islamic financial industry during the roundtable at UAE with high ranked sectors leader participation.

Economists had estimated the volume of Islamic financial industry during the roundtable at UAE with high ranked sectors leader participation.

The participants had come to conclusion that united standards of Islamic banking and finance implementation allows to Islamic banks be more competitive with traditional banks and expand its market share.

“During whole global crisis the demand for more ethic financial model rose. And Islamic banks can play positive role at development of this tendency” – noted the general director of ADIB Tirad Al-Mahmoud, citation by Gulf News.