According to Azmeen Rasheed, the Shariah compliance officer of HDFC Amna, the Islamic window of Housing Development Finance Corporation (HDFC) now holds approximately 22% of the loan portfolio of HDFC, where its total loan portfolio stands at over MVR1.4 billion (US$88.98 million). Azmeen also said that HDFC Amna is expected to dominate the market by 2020, provided that the growth level remains steady. The main reason for the growth of HDFC Amna is the increase in the number of awareness....