04.02.2010 - Islamic banking gets the blues
From Kippreport.com: Just how immune are we? Islamic finance conjures up an image of safe methods of investing, saving, and purchasing without having to worry about interest or excessive leverage. But it’s becoming clear that Islamic finance’s conservatism did not fully shield it from the ills of the economic crisis. “The word immune is inappropriate here,” the president of Jeddah-based Islamic Development Bank, Ahmed Muhammed Ali, says...........................................Full Article: Source
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