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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

The exciting future of non-interest banking in Nigeria

Posted on 01 March 2013

Non-interest banking - There may not be a direct link between the growth of non-interest banking (a.k.a. Islamic Banking) around the world and the credit crunch financial crisis that almost brought down the world financial system in 2008.
It cannot be claimed, either, that Islamic Finance is growing out of the ruins of the Western interest-based financial system that has been suffering one set back or another since the 1980s with the rate of banks’ failure rising steadily. But, there is no denying the fact that, Islamic banking is providing an alternative model or at least redefining the conceptual approach to banking and finance……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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