12.10.2009 - Role of Islamic banks in economic growth
From Arabnews.com: We have heard all too often, especially in the recent past, that local banks are not lending. This is largely attributed by many to apprehensions of the effects of the global financial crisis on the local economy and local commercial enterprises. Of course, many local banks have been quite hesitant to lend given the uncertainties, especially after the defaults of a couple of large conglomerates......................Full Article: Source