New website on Islamic finance from Al Arabiya; More doubts about the ability of Islamic finance to insulate itself from the credit crisis

The Middle East TV news channel is launching a website devoted to Islamic finance and economics, which will add another source for news on the Islamic finance industry in addition to the few leaders in the GCC region, Zawya and Sukuk.net. The Times (U.K.) describes Islamic finance and the recent developments, particularly the growing opportunities for people to study Islamic finance at some universities in the U.K.

The Islamic Bank of Britain is looking to the Middle East for additional capital to fund its growth.

A number of practitioners in the Islamic finance industry discuss the industry’s development moderated by Dr. Mohamad Nedal Alchaar, the Secretary General of AAOIFI.

In an article that should surprise no one familiar with the Islamic finance industry, future growth depends on increasing the number of Shari’ah scholars according to many including Sheikh Nizam Yaquby.

continue reading at      http://investhalal.blogspot.com/2008/12/new-website-on-islamic-finance-from-al.html

 

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