From Ibtimes.com: Islamic finance is experiencing a resurgence in the Arab world as a result of the economic recession, according to Alex MacGillivray, senior partner at AccountAbility, one of the co-authors of a new report entitled Responsible Competitiveness in the Arab World 2009.

There’s a new buzz in the Arab world about Islamic finance, which tended to have a reputation of being “nice” yet offering “lower returns”, he says………Full Article: Source