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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Islamic finance key to Asian revival, Kuwait Finance House says

Posted on 30 July 2009

From Bloomberg: Islamic finance will play a central role in reviving Asian economies as investors look to emerging markets to deliver higher returns than the U.S. and Europe, according to Kuwait Finance House.

Demand for investments backed by tangible assets like power plants and property grew after banks outside of Asia were hit hardest by the global financial crisis, Baljeet Grewal, managing director of the second-biggest Islamic bank’s research unit, said in a phone interview from Kuala Lumpur yesterday……..Full Article: Source

 
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