| 28.01.2010 - Islamic finance "safe" billing is myth: Qatar regulator |
| From Reuters: It's a myth to assume Islamic finance products are safer than conventional products and underlying risks should be studied more carefully, Qatar's top regulator said on Wednesday. Despite being billed as a safer alternative to traditional banking because assets must underpin deals, Islamic bondholders have found they may not have any more legal safeguards than conventional counterparts in the event of default.....................................Full Article: Source |