From Birminghampost.net: Backers of the Birmingham-based Islamic Bank of Britain have insisted Islamic finance is still the way forward for investors, even after the sector was rocked by the massive failure in Dubai.

The Edgbaston bank officially celebrated its fifth birthday at the start of the Eid festival – the same day Dubai shocked the financial world when it announced its government-controlled investment vehicle would need a six-month moratorium on debts worth more than £35 billion…………………………….Full Article: Source