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Islamic Finance Briefing - Categorized | Banking, Islamic Law / Economics, Market Moves more

Islamic banks need to reinforce the values of ethical banking for profitability

Posted on 18 October 2010

The global Islamic banking industry has been forecast to touch US$ 2 trillion in the next five to seven years from the current US$ 1 trillion. This growth can be achieved with a strong focus on ethical banking values, where Islamic banks can lead the way. These statements were echoed by industry experts at the International Islamic Finance Forum Abu Dhabi.
As the region’s Islamic banks increasingly demonstrate a renewed emphasis on the basic principle of good relations with clients driven by friendly and efficient customer service, this ‘ethics and values’ themed-industry gathering is a timely opportunity for top tier Islamic financiers to get together to debate a range of critical industry issues……………………………………….Full Press Release: Source

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