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Islamic Finance Briefing - Categorized | Emerging Trends, Finance, Market Moves more

G20 can take lessons from Islamic finance

Posted on 18 June 2009

From Business24-7.ae: Islamic finance can provide some suggestions to the G20 countries to consider asset-backed financing, securitisation of real assets, avoidance of excessive leverage and intelligent use of derivatives, said Rushdi Siddiqui, Head of Islamic Finance, Thomson Reuters.

“While the world economy is worth trillions, the Islamic finance industry is approaching the $1 trillion (Dh3.6trn) mark. So it may not yet be a true global heavy weight, but lessons can be shared,” he said………Full Article: Source

 
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