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Islamic banks: More resilient to crisis?

Posted on 05 October 2010

From Imf.org: A new IMF study compares the performance of Islamic banks and conventional banks during the recent financial crisis, and finds that Islamic banks, on average, showed stronger resilience during the global financial crisis.
But the study also finds that Islamic banks faced larger losses than their conventional peers when the crisis hit the real economy……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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