Tue, May 26, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, Market Moves, People more

Zeti: Islamic finance doesn’t need rebranding

Posted on 21 September 2012

Islamic finance does not need any rebranding with its rapid recognition across the world, says Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz. Zeti said she had been asked at several global forums on separate occasions in the past that Islamic finance be rebranded to rid it of an image of a conduit for terrorism.
“Islamic finance is based on profit sha-ring which involves risk sharing and requires high level of disclosure of information in financial transactions, hence the transparency is greater. Because of its very nature and principles, it is less vulnerable to terrorist financing than conventional banking.”……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
May 2020
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031