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Yemeneyes Islamic finance for recovery

Posted on 11 June 2012

As the political and security turmoil is aggravating the economic woes of millions of people in the poor Arab country, economists believe that Islamic banking is the ideal solution to pull Yemen back from its crisis and reinvigorate its crumbling economy.
“The increased demand for Islamic banking services and products, such as speculation, trade credit, trading and leasing, stimulated the rapid growth of the sector,” Mohamed Al-Farhan, a Saudi Arabia-based economic analyst, told OnIslam.net………………………………………..Full Article: Source

 
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