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Islamic banking proves resilience during global financial crisis

Posted on 01 June 2009

From Arabnews.com: The year 2009 will be remembered as a milestone for Islamic banking where it passed the test of the crisis and proved its resilience, said an expert in Bahrain.

“This global financial crisis is a golden opportunity for the industry as a whole to come to the front and re-establish itself globally as a main stream and a provider for debt and equity, as well as a lawful and genuine choice,” Dhafer Salih Alqahtani, managing director and co-founder, Daraham Capital, said at the two-day fifth annual fund forum which concluded in Bahrain last week…….Full Article: Source

 
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