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Islamic finance - An evolving niche

Posted on 01 February 2011

From Fa-mag.com: Since the financial crisis, there has been a lot more interest in ethics in finance, and the theory and practice of Islamic finance is attracting attention. The Islamic finance industry has experienced growth, but the industry is still a work in progress.
The modern Islamic finance industry has come a long way since its initial experiments in the 1960s. It now covers banking, capital markets and insurance, and its rapid expansion in different parts of the world is the result of various factors, ranging from petro dollars in the Middle East to its philosophy of inclusion of all interested participants, regardless of religious beliefs……………………………………….Full Article: Source

 
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