| From Gulfnews.com: With Sharia-compliant products yet to take off in G20 nations, financial institutions need to have reality check on offerings in non-Muslim countries. A newspaper in London, an acknowledged hub for Islamic finance, ran an eye-catching headline recently: "After six years, Sharia-compliant bank products are ‘huge flop'."
The jury is still out on embryonic Islamic finance industry in London, but using the micro-cap sized Islamic Bank of Britain (IBB), on which the Times based its story, shows more about the company and its offering than it does about the state of Islamic finance in a non-Muslim country..............................................Full Article: Source
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