| From Arabnews.com: The turmoil sweeping the world’s financial markets would not, according to one Kuwaiti investment house, have happened under a Shariah-compliant system.
Rasameel Structured Finance Company (Rasameel) has issued a challenging and eminently readable analysis detailing the mechanics of the meltdown that comes to the conclusion that securitization is the solution, not the problem. A major component of today’s capital markets, Rasameel’s report contends, is securitization..... Full Article: Source |