The Failure of Islamic Finance

The Failure of Islamic Finance

By MuslimMatters on from muslimmatters.org

The Islamic finance industry has often battled with the question: How Islamic is Islamic banking? The question's pertinence was raised by Sheikh Muhammad Taqi Usmani who said that 85% of Sukuk, or Islamic bonds, were un-Islamic.
Switzerland Joins Islamic Banking World

Switzerland Joins Islamic Banking World

By IslamOnline on from www.islamonline.net

CAIRO – Switzerland became the latest Western country to join the booming Islamic finance system, offering a full range of Shari`ah-compliant banking products and services, reported Qatari daily The Peninsula on Friday, November 13..

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