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

Islamic Finance Briefing - Categorized | Banking, Performance more

Property reliance, money mkt woes plague sharia banks

Posted on 07 May 2009

From Forbes.com: Islamic finance needs to address its over-reliance on real estate and the lack of a robust money market which puts the industry at risk, a top Malaysian central bank official said on Wednesday.

Islamic financial markets were billed as a safe and moderate alternative as conventional banks plunged into a crisis, but a slump in property prices in the Middle East has hit some sharia financial institutions…….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