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Islamic finance still lacks scale: HSBC CEO

Posted on 12 May 2009

From Btimes.com.my: Nobody can say for certain that Islamic finance would have averted the current financial crisis, HSBC Bank Malaysia Bhd deputy chairman and chief executive officer Irene M. Dorner said yesterday.

“When people say this crisis would never have happened if the world had been run by Islamic finance, that may well be true theoretically. But there is insufficient Islamic finance in the world for anybody to say whether that is true or not true,” Dorner said…….Full Article: Source

 
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