In the region there have been challenges to Islamic banking due to the slump in real estate, however, advocates say the system has built- in protection when compared with the conventional financial institutions as excessive risk taking is banned
August 7, 2012 8:18
In 1975 there was only one; today there are more than 300 Islamic banks in over 75 countries according to Dr. Linda Eagle of the Edcomm Group Banker's Academy in New York.
January 9, 2011 2:02
Lack of scholars limits growth.
November 3, 2010 2:40
Its members include institutions such as the Asian Development Bank and the International Monetary Fund and banks.
October 8, 2010 10:51