Sat, Oct 25, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, People more

Islamic banking prevents greed, abuses, says Dr Mahathir

Posted on 03 October 2011

More countries may resort to Islamic banking systems and principles in order to prevent greed and abuses from taking over, says former Prime Minister Tun Dr Mahathir Mohamad.
He said Islamic banking should stay free from gambling and speculation, from the invention of financial products, and unlimited freedom to create money and leveraging, which had all contributed to the downfall of the riba-based financial system……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031