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Islamic finance needs capital markets to develop - Deloitte

Posted on 24 September 2010

From Kippreport.com: Islamic finance will need to move beyond the retail market and develop its capital markets globally to compete better with conventional finance, an official from consultancy Deloitte said on Thursday.
Daud Vicary Abdullah, global leader of Deloitte’s Islamic finance group told reporters in Dubai at the launch of the firm’s Middle East Islamic finance leaders survey that international markets such as Japan and London are actively trying to raise sharia-compliant capital in order to tap liquidity from the Gulf region……………………………………….Full Article: Source

 
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