Fri, Apr 25, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Emerging Trends, Finance more

Islamic financial services on rise, but private banks lag

Posted on 19 July 2012

Noor QuekAs demand for financial products and services that comply with Islamic law has grown in recent years, retail banks have responded, tailoring a range of Shariah-compliant products including simple checking accounts and mortgage and car financing.
But private banks have lagged, offering relatively little in terms of wealth management for Islamic customers, who want products and services that respect Islamic laws prohibiting trading in debt and collecting interest, among other rules………………………………………..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
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930