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Islamic financial system proven to be more stable

Posted on 16 May 2012

After almost a decade following the mid-1990 global financial crisis that had significant impact on the Asian economy, the world has now come to realise that Islamic financing is perhaps considered the most stable form of financing, especially in a time where governments are vulnerable to financial change.
In explaining this phenomenon that has “caused communities to distrust the conventional banking system”, the 1997 crisis, explained Universiti Islam Sultan Sharif Ali (UNISSA) Rector Dr Hj Serbini Hj Matahir……………………………………….Full Article: Source

 
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