Qatar Islamic Bank benefits from protectionist policies
On June 7, 2011 · In HSBC, Islamic Banking, Islamic Finance, Qatar, Shariah Banking, Shariah Finance
Qatar Islamic Bank is said to be doing well, largely because the regime there ordered all Islamic financial institutions that are subsidiaries of conventional financial institutions to cease operations in the country. This is further proof to those who associate Shariah-Compliant Finance with capitalism and free markets that Shariah-Compliant Finance is in fact a centralized economic and financial system that is quite opposed to principles of free enterprise.
http://www.thenational.ae/business/markets/qatar-islamic-bank-benefits-from-change
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