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Closing the gap - next big step for Islamic banking

Posted on 09 July 2012

Fifteen years ago, Muslims wishing to take out a home finance using a credit card or deposit money into a current account would have been hard pushed to do so and stay compliant with syariah.
With few Islamic banks around - and a limited range of syariah products - banking as a Muslim invariably involved compromising either your faith or your financial needs. Today, in many markets, such compromise is no longer necessary. Islamic banking is becoming a part of the mainstream, widely available across financial products and geographies………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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