| "Islamic banking has become an alternative to conventional banking after the recent crisis. There appears to be a great potential for growth in the industry. There are challenges associated with developing an industry with a different approach to "risk management." However, this can be the best time to grow the Islamic financial market, since Basel III can be an opportunity rather than an obstacle.
Because in terms of capital adequacy, Islamic banking is already placed well," stated Dr. Yildiray Yildirim, Associate Professor of Finance, Chair, Finance Department, Whitman School of Management at the Syracuse University in New York...............................................Full Article: Source
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