So much for the fable that “Islamic finance” is insulated from the financial crisis…

“Sohail Zubairi, chief executive of Dar al-Sharia consultancy, said retail lending will be hit first if bank funding remains sparse through the third quarter but that worse could be in store, including a possible bank collapse.”

http://in.reuters.com/article/bankingfinancial-SP/idINLD43711520090413


 

Leave a Reply

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!