IslamicFinance.de

It seems that Islamic banking has numerous advantages and capabilities that gives it permission to play an important role in solving many economic problems in the GCC. The statement cam from Kuwait Finance House-Bahrain Chief Executive Officer and Managing Director Abdul Hakim Al Khayyat.
He added that Islamic banking services have made the way for the future easier, and have become one of the most important alternatives that many economies worldwide search.
He explained that Islamic banks can have an efficient role in solving the housing problem through its role in construction projects and real estate development, not to mention several instruments that finance that sector, such as murabaha, ijarah, and others.