Friday, September 22, 2006

Deputy CEO Of Amlak Finance on the growth of Islamic finance

"Old ideas and new practices", Gulf News, September 23, 2006

In this article, the deputy CEO of Amlak Finance, Shahli Akram describes how Islamic finance works, how quickly it has been growing as well as why he believes its appeal will extend not just across Muslim communities. His main belief is that by its very structure, Islamic finance is more stable than conventional finance because of its ties to the real economy and its prohibition of speculation.

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