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Towards full-fledged Islamic banking

Posted on 21 July 2009

From Saudigazette.com.sa: Though mainstream banking has been recognized as the malefactor of great wealth that developed hideous credit policies and took insane risks wrecking economies and hurting millions of families world over, and though Islamic banking has been recognized as the ideal solution by several jurisdictions, there is still no operational base for this institution.
Most of the existing Islamic financial institutions only deal with the administrative aspect of Islamic banking…….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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