American firms should aim for partnership with Bahraini Islamic financial institutions to tap into the sector’s lucrative growth opportunity. Islamic banks, which offer loans based on real, tangible assets, have seen more takers in the US following the subprime crisis.
“There hasn’t been sufficient interest from US institutions in terms of partnering with Bahraini Islamic finance companies,” US Chamber of Commerce chief operation officer and executive vice-president David Chavern said………………………………………..Full Article: Source