Global Forum on Islamic Economics, Finance and Banking calls for Promotion of Shariah-Compliant Finance Worldwide
On March 20, 2020 · In Islamic Banking, Islamic Economics, Islamic Finance, Pakistan, Shariah Banking, Shariah Finance
posted by Christopher W. Holton
A speakers’ meeting of the Global Forum on Islamic Economics, Finance and Banking held in Pakistan called for the promotion of Shariah-Compliant Finance around the globe for Muslim and non-Muslim countries as well. This was expressed as an effort to replace the current global banking system with one based upon “the fundamentals of Islam.”
This report echoes similar statements from Shariah Finance organizations and meetings that label Shariah-Compliant Finance as “missionary work” for the spread of Shariah.
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