19.10.2011 - Islamic finance’s big opportunity
Capital markets are crying out for a shiny new funding machine free of the problems that have beset the conventional model. But Islamic finance must choose a different path from the one it has previously followed if it hopes to assume that function and wire in sustainable growth. Practitioners of Islamic finance have within their grasp an opportunity unlike any their industry has known before or indeed may have again. Conventional markets in Europe and the US could remain in disarray for years to come. Growth rates are low, bank weakness endemic, political risk rife. Sovereign and corporate issuers face the possibility of a returning liquidity crisis..............................................Full Article: Source
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