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Islamic finance must remain responsive to change

Posted on 11 May 2009

From Arabnews.com: The consensus was predictably mature amongst regulators and dignitaries at the Sixth Annual Summit of the Islamic Financial Services Board (IFSB) held last Thursday and Friday in Singapore.

These included the intrinsic strengths of the Islamic financial sector which supposedly puts emphasis on financing the real economy; that much work needs to be done to ensure the robustness of the industry; that future growth will only come with innovation, which in the light of the global financial crisis has assumed a certain negativity……Full Article: Source

 
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