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Islamic finance becomes subject of summits

Posted on 21 September 2010

From Khaleejtimes.com: It is said that every cloud has a silver lining. The global economic crisis has not been without one such. The Islamic finance, economics, banking, sukuk (bonds) — subject of debate and doubts just a few years ago — has come to be accepted as an investible, profitable, viable system in the world economic order, and become the subject of summits.
According to Zeti Akhtar Aziz, Governor of Bank Negara Malaysia, in the last decade Islamic finance has evolved into a complete and competitive form of financial intermediation, effectively serving consumers and businesses, both Muslims and non-Muslims;………………………………………Full Article: Source

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


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