Tue, Sep 2, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Emerging Trends, Finance more

Islamic trade finance: Lost in transaction

Posted on 06 August 2012

The Islamic finance industry - which is growing rapidly in some areas, such as debt issuance - is neglecting merchandise trade, leaving trade finance for conventional banks to dominate. When the Paris-based International Chamber of Commerce held its regional meeting in Qatar in March, for example, a five-day agenda devoted just 30 minutes to Islamic finance.
The event brought together trade experts from around the globe, but Islamic banks were not prominent. In contrast, Commercial Bank of Qatar and Qatar National Bank , both conventional lenders, were major backers of and participants in the event………………………………………..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.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930