Does Islamic finance industry lack a certain degree of credibility? / Aly Khorshid.
Islamic banking and finance sector risks losing a golden opportunity to demonstrate an alternative system that could prevent a future credit crunch and share risks. With the conventional banking sector slowly coming to terms with its high-profile collapses and bailouts, the Islamic sector has suffe...
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| Format: | Article |
| Language: | English |
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Universiti Teknologi Mara Selangor
2016
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| Online Access: | https://ir.uitm.edu.my/id/eprint/32787/1/32787.pdf |
| Summary: | Islamic banking and finance sector risks losing a golden opportunity to demonstrate an alternative system that could prevent a future credit crunch and share risks. With the conventional banking sector slowly coming to terms with its high-profile collapses and bailouts, the Islamic sector has suffered only mild aftershocks. The question that comes to mind is: why are savers and investors not flocking to shariah-compliant banking? Could Islamic finance lack a certain degree of credibility? And if so, why? |
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