There's still a lot to be done by industry players to make Islamic Financial institutions an alternative mechanism to build business transactions globally. Prof Humayoun posits that the Islamic finance industry must also focus among others, on eradicating poverty of ummah, commiting to community development and social responsibility... Prof Dar is in the middle, holding the bag.
Friday, July 23, 2010
Islamic Finance Industry - Global Prospect
It was indeed interesting to listen to the talk on Islamic Finance Industry given by visiting professor Dr Humayoun Dar, from the University of Labourough, United Kingdom. Whilst the Islamic finance is currently growing to an impressive USD3trillion industry, the size is still small compared to the contributions of conventional financial system at USD100 trillion. 
There's still a lot to be done by industry players to make Islamic Financial institutions an alternative mechanism to build business transactions globally. Prof Humayoun posits that the Islamic finance industry must also focus among others, on eradicating poverty of ummah, commiting to community development and social responsibility... Prof Dar is in the middle, holding the bag.
There's still a lot to be done by industry players to make Islamic Financial institutions an alternative mechanism to build business transactions globally. Prof Humayoun posits that the Islamic finance industry must also focus among others, on eradicating poverty of ummah, commiting to community development and social responsibility... Prof Dar is in the middle, holding the bag.
