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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Islamic banking: The hidden treasures

Posted on 16 December 2010

From Ngrguardiannews.com: The concept of Islamic banking might not really have anything to do with the religion. It only means an inclusive financing package that is aimed at lifting the burden of interest rate off the people, especially the poor, or the low income or better still, people that have no access to formal banking.
When the harsh economic realities hit Rakiya and other members of food sellers in the market, they decided to come together to do a contribution since they belong to the informal sector, who have no access to banking……………………………………….Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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