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
