| 26.11.2008 - The heart of Islamic finance will continue to be the Middle East |
| From Ameinfo.com: The global liquidity crunch and a weighty exposure to real estate have impacted heavily on Islamic finance in the region but the Middle East is still ranked as the most important centre for Islamic banking in the world. 'Whether for Islamic or conventional banks, lending has stopped and it is a myth that during this global crisis Islamic finance will not be affected,' said Khalid Abdullah-Janahi, Chairman, Ithmaar Bank, Group Chief Executive, DMI...... Full Article: Source |