tag:blogger.com,1999:blog-34318535.post3303578842137589761..comments2023-11-05T01:16:08.431-07:00Comments on Sharing Risk blog: Islamic finance was not unscathed by the global financial crisisBlake Goudhttp://www.blogger.com/profile/00269233925421947105noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-34318535.post-35357529323690402882010-04-27T20:05:17.124-07:002010-04-27T20:05:17.124-07:00Thanks Zied. I agree with you. Islamic finance d...Thanks Zied. I agree with you. Islamic finance did get hit less because of its lower use of leverage and lack of time to develop its own ticking time bombs. If the industry is to have a similar relative performance in the next crisis, it needs to become more introspective and less "Islamic finance is inherently immune to crisis". I think this is happening with the IFSB/IsDB new work on financial stability in Islamic finance.Blake Goudhttps://www.blogger.com/profile/00269233925421947105noreply@blogger.comtag:blogger.com,1999:blog-34318535.post-49385910558446647572010-04-27T12:59:18.231-07:002010-04-27T12:59:18.231-07:00Totally agree with you, there seems to be too much...Totally agree with you, there seems to be too much positive news coming out of the media about Islamic Finance. It did get hit by the financial, although, on a relative basis, it fared better than conventional finance....<br /><br />But anyway, the financial media is always complacent, and never critical.<br /><br />Good point!Unknownhttps://www.blogger.com/profile/05371789201405675736noreply@blogger.com