Islamic finance yet to be fully tested -report
 

22-05-14 01:00 PM

Growing pressure on Islamic banks' profitability, liquidity management, asset quality and capital adequacy were outlined by the Malaysia-based Islamic Financial Services Board (IFSB). Islamic finance, which has its core markets in the Middle East and Southeast Asia, follows religious principles that ban interest and shun outright speculation. As such, Islamic bank balance sheets were free from ...

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