Islamic Ethics & the Financial Crisis was the topic of a TV program hosted by Dr. Tariq Ramadan in London October 13th 2008 www.tariqramadan.com The three guests on the program include an economic expert, an editor and Dr. Tarek Al-Diwany, author of the book titled (The Problem with Interest): www.theproblemwithinterest.com Trying to understand what are [...]
to be worth up to 800 billion dollars and it’s growing by around 20 percent each year on the back of soaring oil prices. While many Swiss banks offer products that are Sharia compliant — they are not creating the financial packages being demanded by their clients. Britain has been at the forefront of breaking [...]
In times of financial crisis there is an alternative banking system, which has proved to be more stable, than the traditional, Western banking system. I mean – the Islamic banking. The financial systems in the Islamic countries, even in those, who were formerly Soviet republics – like Kazakhstan – are a real alternative, while the [...]
Report (9 Oct 2008) explains how Islamic banks, run according to Shariah law, have been least affected by the global economic crisis, and how Shariah-Compliant Finance can offer a viable alternative to the free market economy. Islam and Economic Justice: A ‘Third Way’ Between Capitalism and Socialism? www.allacademic.com Islamic Banks Unaffected by Global Financial Crisis [...]