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Islamic Finance Briefing - Categorized | Banking, Emerging Trends, Market Moves more

Rising Islamic bankers face surprise challenge from Fed

Posted on 15 December 2008

From Busrep.co.za: Attending Islamic finance conferences these days, it’s hard not to notice how this investment class is catching on. The world’s roughly 1.5 billion Muslims need a way to bank and invest according to Islamic sharia law, which bars receiving or paying interest on loans or deposits.

A massive market infrastructure is being built to facilitate clients who include wildly rich Persian Gulf oil tycoons….. Full Article: Source

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


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