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Islamic finance to gain from global economic turmoil

Posted on 24 November 2011

Rasheed Al MarajThe global financial crisis has given the Islamic finance industry a great opportunity. The obvious flaws in conventional finance have created great interest in the Islamic financial model, Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj said.
“This should provide the basis for the industry to sustain a period of strong growth for the rest of this decade,” he said. The growth opportunities are especially strong as Islamic finance has its largest presence in rapidly growing economies that have been least affected by the global financial crisis………………………………………..Full Article: Source

 
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