Following the Great Recession, the financial volatility and slump globally, the financial community everywhere came to hear the announcement that Islamic financial instruments are the answer to a return to stability and profitability. Islamic banks are thus slated as the financial model for sustaining growth, profitability, stability and well being. In all of these social, economic and financial goals the flag of the shari’ah is hosted.
What are the realities regarding the meaning and performance of Islamic finance in general and Islamic financing in particular?………………………………………Full Article: Source