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    Swiss banks eager to attract Muslim investors - 9 Jun 08

    Al Jazeera English

    by Al Jazeera English

    Islamic Banking is well on it's way to becoming the world's fastest growing financial sector.

    The Islamic banking sector is now thought to be worth up to 800 billion dollars and it's growing by around 20 percent each year on the back of soaring oil prices.

    While many Swiss banks offer products that are Sharia compliant -- they are not creating the financial packages being demanded by their clients.

    Britain has been at the forefront of breaking down barriers for Islamic banking. It is now ahead of Switzerland in the funds that it handles.

    But as Alan Fisher reports, the rest of the world's banking industry is only just waking up to its potential.