Sun, Oct 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Emerging Trends, Finance more

Islamic finance cannot afford to be exclusive if it wants to outgrow its niche status

Posted on 02 March 2012

Developing countries such as Pakistan, India and Afghanistan hope that Islamic banking will coax out cash from under mattresses and into the financial system. Financial inclusion, they argue, is one of the primary functions of Islamic finance.
How strange then that a debate should erupt over whether conventional banks should be allowed to be involved in Islamic finance. Goldman Sachs’ Sukuk not being as Shari’ah-compliant as it cracked up to be led some to argue that western banks should be banned from the sacred sector…………………………………………Full Article: Source

 
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