An estimated $1 trillion worth of additional Sharia-compliant assets are scattered across segments like small savers, affluent wealth management, pension and retirement plans, Awqaf, infrastructure and trade finance, a top industry thinker has said.

According to Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) board of trustees chairman Shaikh Ebrahim bin Khalifa Al Khalifa, this was in addition to the more-structured $2trn Islamic finance industry that exists today, reported the Gulf Daily News, our sister publication.

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