Portland State University Middle East Studies Center Lecture Series

One of the latest revelations in the modern banking industry has been the introduction of Islamic finance and investment activities, referring to transactions that are compliant with Sharia Muslim law. Since its introduction in the late 20th century, Islamic banking has grown into an expanding global industry, and it is predicted that Shariah-compliant asset holdings will reach four trillion dollars by 2020. Muslim investors have also expanded Islamic finance activities into non-Muslim countries, often facing myths and misconceptions about the sector.