Islamic Finance Unbound

While uncertainty continues to agitate global markets, driving many investors into full retreat, one part of the financial sector is developing exponentially and that is the Islamic-law-compliant financial assets.
This asset class, which is distinguished by shared risk between institutions and clients, avoided many of the most severe consequences of the global financial crisis.
The fact that Islamic finance gives priority to asset-backing, thereby ensuring a direct link between financial transactions and real economic activities and the fact that lenders and borrowers share risks and rewards, has helped Islamic financial institutions to remain stable.