Omar Ibn al-Khattab
Islamic trade finance: lost in transaction
Tue, 2012-08-07 10:03 — newsdeskThe Islamic trade industry neglects trade finance and leaves it to the domination of conventional banks. Direct lending is preferred over trade business. The youth of Islamic banks is pointed out as the mail reason for this kind of banking policy. However, due to a shift in the global trends pattern, an increase of the scope for Islamic banks to expand in trade finance is expected.
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