Monday, December 22, 2008

Islamic Banks Steady in Financial Crisis

In a recent article in Washington post (31st October 2008), it has been highlighted that Islamic banks (based on Islamic Shariah) are stable amongst Financial crisis. U.S. Deputy Treasury Secretary Robert M. Kimmet has already reached Jeddah to study the principles of Islamic Financial System. 

http://www.washingtonpost.com/wp-dyn/content/article/2008/10/30/AR2008103004434.html

Shariah is the answer, isn't it?

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