Islamic Banks Also Responsible for Global Financial Crisis: Experts

Islamic Banks Also Responsible for Global Financial Crisis: Experts Ahmed Abdul Aziz 6 March 2009 ABU DHABI — Islamic banks must share equal responsibility with conventional commercial banks and financial institutions for the current global financial crisis, a professor specialising in Islamic economics said on Thursday.   Islamic banks did not provide true Islamic

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Islamic Banking – A Hedge Against Man-made Crisis

Islamic Banking - A Hedge Against Man-made Crisis by Mohiuddin Aazim | Published on 9/19/2009 Islamic banking remained least affected by the global financial crisis. It experienced some problems only after this crisis had snowballed into a recession in developed economies affecting growth prospects of Pakistan and other developing countries. But the industry

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Islamic Banks Unaffected by Global Financial Crisis

Islamic Banks Unaffected by Global Financial Crisis 30/09/2008 By Mohammed Al-Hamzani  Riyadh, Asharq Al-Awsat- A number of experts and officials of Islamic banks and financial institutions have confirmed that Islamic banks have not been affected by the global financial crisis, and that any effects would be limited due to the nature of Islamic

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Islamic Finance in the United States: A Small but Growing Industry

Islamic Finance in the United States: A Small but Growing Industry By Chiu, Shirley,Newberger, Robin,Paulson, Anna Publication: Chicago Fed Letter Date: Sunday, May 1 2005   HEADNOTE  This article provides an overview of the potential market for Islamic finance and some of the challenges providers face in serving this unique market. The Federal Reserve Bank

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