16.10.2012 - Potential for innovations in Islamic finance contracts, says Shariah expert
There is potential for innovations in the area of contracts or new transactions under Islamic financing, says an expert in syariah. Dr Engku Rabiah Adawiah, an Associate Professor from International Islamic University, said innovations in this area would be line with the continuous efforts towards innovations and flexibility in Islamic finance but added that these innovations must clearly be in line with syariah principles. Engku Rabiah was one of the panellists at a discussion held here among Islamic finance syariah advisors in conjunction with the Kuala Lumpur Islamic Finance Forum (KLIFF 2012) which will take off here Tuesday...............................................Full Article: Source
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