Addressing the Need For Women’s Banking Services in the Muslim World
Throughout the Muslim world, banks and financial institutions have experienced a significant rise in their number of female customers in recent years. The number of banks and investment companies created specifically for women has skyrocketed across the Middle East. Estimated to control around $246 billion of the region’s wealth (projected to hit $383 billion by 2011) , women in the Middle East are regarded today by international banks as financial powerhouses. The recent rise in this market can be attributed to the increasing role of Muslim women in the workplace. Responsible for controlling household and family finances for decades, women...
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