She said that the industry is worth around $1.85 trillion (£1.15 trillion) globally, with growth rates of up to 15 percent each year. She argued "with billions of pounds in reported assets, and with the world's financial capital, the UK is an increasingly important global player in the Islamic finance". Iconic buildings like London's Shard have been given life with the help of Islamic finance, and London is home to a growing number of banks, law firms and other service providers with expertise in the sector.