From Channelnewsasia.com: Former Malaysian Prime Minister Dr Mahathir Mohamad has blamed Western lending practices for the financial crisis of 2008. Dr Mahathir said that Shariah-compliant lending can succeed where the West has failed.
And ASEAN, he said, is one place where Islamic finance will boom. The Islamic finance industry globally has been growing at a rate of 15 to 20 percent……………………………………….Full Article: Source