From Investorsoffshore.com: The Islamic banking industry has a lot of catching up to do if it is to compete with the conventional finance industry, according to one prominent banker.
Harris Irfan, the head of Islamic finance products at Barclays Capital and Barclays Wealth in Dubai suggested in a recent interview with Bloomerg that Islamic banking is in fact in the “stone ages” and has a lot more evolving to do if the full potential of the industry is to be realized……………………………………….Full Article: Source