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Islamic banking escapes fallout

May 18, 2013 – 7:24 pm

KUALA LUMPUR – ISLAMIC banking has largely escaped the fallout from the global financial crisis. Thanks to rules that forbid the sort of risky business that is felling mainstream institutions. But experts say that because of its heavy reliance on property funds and private equity, the booming 1.0 trillion dollar global industry could be hit [...]

By admin | Posted in Finance | Also tagged Accounting Practices, Banking And Finance, Central Bank Governor, Economy Plans, Finance House, Financial Environment, Financial Institutions, Financial Turmoil, Global Economy, Global Financial Crisis, Global Industry, Islamic Banking And Finance, Islamic Financing, Mainstream Institutions, National Regulatory Authorities, Real Assets, Subprime Mortgages, Sukuk, Sukuk Bonds, Supervisory Boards, Zeti Akhtar Aziz | Comments (0)

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Islamic banking escapes fallout

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