04.02.2013 - Islamic financing holds promises in Yemen
Economists in Yemen have for several years now encouraged the state to move away from its dependency on oil and gas revenues to explore other avenues which would generate national growth and sustain economic development. Many foresee that the financial sector and more particularly, the Islamic finance sector would prove a fructuous venture for a country such as Yemen where tradition and Islamic values are more prominent. Nathan Giliano, a professor of Economics in Vancouver, Canada explained that over the past few years - since the world economy so famously land-slided on Wall Street slope - Islamic financial products had grown in popularity across the Arab world and its emerging economies.........................................Full Article: Source
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