Malaysian Prime Minister Najib Razak said Islamic finance can play a greater role in the global financial system following Japan’s record March earthquake and tsunami that caused as much as 25 trillion yen ($305 billion) in estimated damages.
“As one of the fastest-growing industries, Islamic finance has a potential to play a more important role in the global financial system in this post-crisis era. Islamic finance has demonstrated its capacity to undertake project financing.”………………………………………Full Article: Source