Profits slide in 2009 for Kuwait’s leading Shariah Bank
On February 2, 2010 · In Economic Crisis, Financial Institution, Islamic Banking, Islamic Finance, Kuwait, Sharia Compliant, Shariah Banking, Shariah Finance
Kuwait Finance House, the emirate’s leading Islamic bank, said on Tuesday its 2009 profits dropped by 24 percent from the previous year due to the continued impact of the global financial crisis.
This earnings report comes amid continued bogus claims by financial jihadists that Shariah-Compliance provides protection against that very same financial crisis…
http://www.busrep.co.za/index.php?fArticleId=5336111&fSectionId=613&fSetId=662
Categories
Archives