| From Business24-7.ae: Islamic banking will continue to grow but at a slower rate as Shariah-compliant lenders face the same kind of problems that conventional banks are experiencing, be it global liquidity crisis or loss of consumer confidence, industry experts said at the DIFC Week.
"Conventional or Islamic banks – we all are in the same boat. In the next nine to 18 months we also have to face the problem of liquidity crunch. Moreover, we have to bring back confidence. That's not easy and we will have to move fast to real economy," said Khalid Abdullah-Janahi, Chairman, Ithmaar Bank, Group Chief Executive, DMI...... Full Article: Source
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