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How “back to basics” puts Islamic Investment at the forefront of Technology

Posted on 28 July 2009

Although financial instruments created on the principles of Islamic finance are still in their infancy, they are at an important crossroads and the current crises in Dubai is a symptom of this.
If we were to examine the progress made in the development of Islamic financial instruments over the past 10 years, we would see that much of the developments have been to replicate Western financial instruments in a bid to make Islamic Finance more competitive and profitable………..Full Press Release: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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