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Crisis-ridden Europe can learn from Islamic finance

Posted on 21 October 2011

Europe can learn and gain from Islamic finance, given that financial institutions under it, have remained stable against the backdrop of the eurozone debt crisis. This observation was made by Luxembourg’s Minister of Finance, Luc Frieden.
Frieden said despite the credit crunch that had impacted Europe’s banks, Islamic financial institutions had weathered the global crisis and emerged to be the most well managed……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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