26.02.2009 - Islamic financial bodies less affected by financial mayhem says CBK chief

From Gulfbase.com: Islamic financial institutions were affected by the global financial crisis at lesser extent than that which was faced by the conventional financial institutions, Kuwaits top banker said here Tuesday. To prove that, no institution from the Islamic finance industry has collapsed so far, contrary to what happened to several conventional financial institutions, Sheikh Salem Abdulaziz Al-Sabah, Governor of the Central Bank of Kuwait (CBK), said..... Full Article: Source

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