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Islamic finance acceptability increasing, claims Islamic scholar

Posted on 08 April 2010

From Dailytimes.com.pk: Dr Umer Chapra, a renowned international scholar on Islamic economics and finance, has said that there is a greater acceptability of Islamic finance in the world after the recent global financial crisis.
He said that Islamic Finance is now more respected all over the world because of several economic crises created by the global financial system in the last four decades. He said the recent financial turmoil was the most severe of all involving approximately $3 trillion to $4 trillion in bailout funds………………………………………..Full Article: Source

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