| From Khaleejtimes.com: Growth in Islamic banking is likely to slow because falling oil prices are squeezing long-term sources of funds in many Muslim countries, Moody's Investors Service said on Thursday.
"There is still a vital link between oil prices and Islamic banks, as most operate in hydrocarbon-exporting economies," said Anouar Hassoune, Moody's vice-president. " As they face increasingly limited funding sources, Islamic banks will find it more difficult to grow moving forward.".... Full Article: Source
|