16.12.2008 - Impact of credit crunch on Islamic finance
From Arabnews.com: Depending on whom you talk to or which report or statement you read, the impact of the credit crunch and the global financial crisis on the Islamic finance industry worldwide is either very small or very large, with sectors such as the Sukuk market badly affected. The danger is that officials, bankers and economists are either artificially talking up or talking down the Islamic finance sector as their counterparts seem to be doing in the conventional financial sector, largely based on which economic ideology they espouse..... Full Article: Source
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