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Risk-sharing ‘vital for Islamic finance’

Posted on 28 April 2011

To move forward the Islamic finance industry would do well to go back to its roots, according to HSBC Amanah global chief executive officer Mukhtar Hussain. ‘Islamic finance has become a force in its own right, especially in the emerging markets of Asia and the Middle East,’ he said.
‘However, this has not been without its fair share of ups and downs. The industry suffered the after-effects of the global financial crisis and has been criticised for products that look too much like their conventional cousins……………………………………….Full Article: Source

 
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