Linked below is an article by a man named Arthur MacDonald in which he repeats the myth that “moral” Shariah-Compliant Finance has provided protection against the economic crisis.
We regret to inform Mr. MacDonald, but Shariah Finance is neither moral, nor a protector against economic crisis.
Consider that the world’s largest Shariah-Compliant financial institutions are under US, EU and Australian sanctions for their support for terrorism and proliferation.
And the stack of evidence that Shariah Finance does NOT provide insulation against economic crisis would stretch from Mecca to Medina:
One wonders what motive Mr. MacDonald has in his comments?