07.10.2010 - Islamic banks suffered less with crisis
From Istockanalyst.com: Islamic banks, those that follow the laws of Islam, suffered less than conventional banks during the international financial crisis that hit the world in late 2008. One of the reasons for Islamic institutions feeling the crisis less, according to specialists, was the more controlled expansion of credit practiced in the Islamic finance system. Exaggerated liberation of financing, especially in the real estate sector, triggered the problems in one of the markets that was most affected, the United States..............................................Full Article: Source
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