The global financial crisis has hit the Islamic banking industry but the outlook remains positive, said Trade and Industry Minister Lim Hng Kiang. Mr Lim told the Asia Summit of the World Islamic Banking Conference that the sector must take heed of lessons learnt from the turmoil. Continue Reading…
Most Arab banks were insulated from the global financial crisis and generally able to weather the fallout, international ratings agency Moody’s said on Monday. Continue Reading…
As investors flee debt-laden Dubai, neighbouring Bahrain, Qatar and Saudi Arabia are likely to pick up much of its Islamic banking business, though the financial hub is expected to bounce back eventually. Continue Reading…
Have you ever seen how a reed bends in the wind? It curves and twists in the direction as the wind, aided by the flexibility of its stalk, and the strength of its roots. Continue Reading…
For years many people have been saying that the people of the U.S. should look to Europe to see what is coming our way in regards to Islam and Muslim immigration. Continue Reading…
The people who brought Islamic banking back to life at a time when it was on the verge of collapse when conventional economies dominated finance in the Islamic world will go down in the history books forever. Continue Reading…