| 20.05.2009 - West sees Islamic finance as a panacea for global crisis |
| From Business24-7.ae: According to Malik S Sarwar, CEO of the recently formed New York-based Sarwar Wealth Advisors, the world has plunged into a deep crisis primarily because of the greedy and complicated products otherwise known as derivatives. Out of the crisis has thus emerged a desire for Islamic banking, a term which proves to be more than just a latest buzzword. The Western World is now looking at it as a "panacea"...........Full Article: Source |