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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Following in the footsteps of conventional banking

Posted on 29 March 2010

From Aawsat.com: When the international financial crisis erupted and stock markets collapsed and large financial institutions began to oscillate between being on the brink of bankruptcy and declaring bankruptcy, one growing financial sector avoided being hit directly by the crisis, namely the Islamic banking sector.
This drew the attention of many specialists at the time and prompted them to call for applying Islamic measures to the international financial industry to avoid this kind of financial crisis happening again……………………………….Full Article: Source

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


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