30.09.2011 - Islamic banking: Panacea for global financial crisis
An Islamic financial system has the potential to redress this serious threat to global financial stability because of its fundamental operating principle of a close link between financial and productive flows and because of its basic but core requirement of risk sharing. Let me use a somewhat lengthy illustration to drive home my point. The main source of profit for the banks is from the interest they charge and from other ancillary services..............................................Full Article: Source
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