22.06.2009 - Shariaa compliant or complaint?
Fom Menafn.com: The global economic crisis that started during the last quarter of 2008 presented itself as a huge opportunity to the Islamic Finance Industry. As investors lost faith in the conventional system, Islamic Finance presented them with a financial system that was sturdy and immune to the very factors that brought about the Financial Crisis. Although Islamic Finance had it origin in the Arab world, it has been embraced by international communities. In the GCC, all states have embraced Islamic Finance as a sturdy financial system with the exception of Oman.........Full Article: Source