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Islamic finance consolidating

Posted on 26 January 2010

From Oxfordbusinessgroup.com: Thanks to a combination of steady management and timely state assistance, Qatar’s Islamic finance sector has seen off the worst of the global economic crisis and is now well positioned to take full advantage of the predicted surge in growth this year.

Along with the rest of the country’s financial sector, the sharia-compliant component should continue to benefit from the government’s continued economic stimulus programme throughout 2010, which will combine direct pump priming efforts with fiscal support for the banking services industry………………….Full Article: Source

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


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