30.09.2009 - Islamic finance can also face systemic failure & reputation risks, says economist
From Bernama: Islamic finance could also face a systemic failure and reputation risk unless there is a unified and dynamic regulatory framework applied not only domestically but also globally, warned an economist and former International Monetary Fund (IMF) executive director Dr Abbas Mirakhor. He brushed aside claims that Islamic Finance was the most regulated financial sector as compared to the others....................Full Article: Source
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