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Finance Asia readers sceptical of Islamic finance

Posted on 07 December 2010

From Financeasia.com: Two-thirds of our readers question whether Islamic finance offers a real alternative to conventional finance. Islamic financial products have grown in popularity during the past few years, but respondents to our web poll last week are not convinced that they are a real alternative to conventional financial products.
The basic idea of Islamic finance is to create a fundamentally different relationship between moneylenders and borrowers, in accordance with Islam’s prohibition on usury……………………………………….Full Article: Source

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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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