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Islamic banks an inroad for Czech exporters

Posted on 08 June 2012

As the government looks to wean domestic companies off their dependence on exports to struggling eurozone countries, the new strategy looks east to high-growth, high-volume markets in developing nations.
It’s a plan that has been widely criticized by small business leaders as too risky, and banks aren’t exactly lining up to finance dicey ventures, but a group of Islamic banking experts who convened recently for a conference at the Czech National Bank say Islamic banking can help Czech exporters crack new markets in predominantly Islamic countries………………………………………..Full Article: Source

 
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