30.10.2009 - Islamic banking industry must innovate
From Bt.com.bn: Islamic banking appears headed from strength to strength in the Brunei Sultanate. Javed Ahmad, acting managing director of Bank Islam Brunei Darussalam, tells how it happened and why the industry needs to innovate to sustain growth. A very good example is Saudi Arabia. Saudi Arabia traditionally was very much a conventional banking market. There were some Islamic banks like Al-Rajhi Bank, they have a monopoly very much like what you heard about Bank Islam in Malaysia..........................Full Article: Source