Mahathir Mohamad

Mahathir projects steady future for Islamic finance

Mahathir Mohamad, former Malaysian prime minister, has alerted the Islamic banking industry that it has to learn about the mistakes of conventional finance if Islamic finance is to avoid the same fate.
He suggested that more resort to Islamic banking systems and principles are necessary in order to prevent greed and abuses from taking over.
Mahathir anticipated that Islamic banking and the wealth of the Muslims will cause the rest of the world to link up with Muslim countries.

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