Fri, Sep 19, 2014
A A A
Welcome bhaimia
RSS

Islamic finance needs to diversify funding sources

Posted on 04 December 2008

From Business24-7.ae: Islamic finance industry, which still typically depends on retail deposits, needs to diversify its funding sources to fight off the financial crisis, bankerS said.

As liquidity has dried up in a region spoiled by high oil revenues, Islamic banks need to diversify their products and better manage the cash they have on their balance sheets, said David Pace, Chief Financial Officer at Bahrain-based Unicorn Investment Bank….. Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930