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Will dawn of new year take Islamic finance to next level?

Posted on 03 January 2011

From Arabnews.com: The dawn of the new Hijrah year and 2011 could either signify more of the same as in the last year or a leap toward the first steps to taking the global Islamic finance industry to the next level as Malaysian Prime Minister Mohd Najib Tun Abdul Razak’s government says it aspires to do.
In an entrenched interdependent world, the global economic recovery and financial sector stability remains fragile with much of the adoption of the new Basel III provisions relating to core capital strength, early warning systems, stress testing, risk management and financial stability still work in progress……………………………………….Full Article: Source

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


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