10.11.2011 - Resilience of Islamic financial sector probed
During a keynote speech at the ‘Resilience of Bahrain’s financial sector’ seminar at the Gulf Hotel Convention Centre, KFH-Bahrain (Kuwait Finance House-Bahrain) managing director and CEO Abdulhakeem Alkhayyat highlighted the major advantages of the Islamic banking and finance system and discussed the future directions of the industry. His presentation opened the first session of the seminar entitled ‘Islamic Banking: Is it the way forward?’ Alkhayyat emphasised that the main elements of the Islamic finance industry are based on real long-term guarantees with an asset-based system and that is the foundation stone of Islamic banks...............................................Full Article: Source
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