Institutional Investor has published a celebratory article about “Islamic finance.”

The article starts off by telling the truth, namely that the market for Islamic bonds dried up last year as a result of the economic crisis, but it only uses that as a set up for telling a story of how the future for Islamic finance is actually bright.

This kind of uncritical analysis by Western media is unfortunately the rule and not the exception. You can read a fragment of the article at the link, though you will have to register with the web site to endure the whole report…

http://www.iimagazine.com/InstitutionalInvestor/Articles/2248479/Capital_Markets/Can_Islamic_Finance_Profit_From_the_Crisis?.html

 

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!