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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Be innovative to compete conventional banks, experts urge Islamic financial institutions

Posted on 16 May 2011

“In order to create a comprehensive and robust financial system, Islamic financial institutions need to be innovative and focus on developing Venture Capital (VC), private equity and alternative investments.
This will create an industry with a niche that is capable of competing with conventional banks, with the added value of shared wealth for the society. It is hoped that Islamic VCs will play a major role in developing Muslim countries”……………………………………….Full Article: Source

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