18.10.2012 - Are fears of Islamic banking being over regulated overdone?
It is better to have a slower growth rate due to relatively restrictive regulations than to suffer a ‘subprime’ crisis. There are reports that Islamic finance players want a balanced regulatory framework that does not hamper the industry's growth. But Adil Ahmad, former CEO of Kuwait International Bank, says the industry is growing at a very healthy rate of 15-20% per annum, so the regulations can't be all that restrictive...............................................Full Article: Source
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