IslamicFinance.de

Islamic finance is a trillion-dollar industry with many financial institutions, corporations and governments keen to embrace it as a profit-making alternative to mainstream financial dealings. The book "Heaven’s Bankers: Inside the Hidden World of Islamic Finance" by Harris Irfan asks the reader to consider whether the Islamic world can bring something of benefit to the Western world, and vice versa. Irfan’s intentions might be noble, but I suspect that here in the West he faces a real struggle. The big banks and companies hit by the financial crisis are determined to recover and some are increasingly wary of Islamic banking for all kinds of reasons.