Why Can Islamic Banks Survive in Times of Crisis?
There are several factors that cause sharia-based banks to remain relatively stable: Islamic Banks are more focused on conservative products and avoid exposure to high risk financial instruments. The principle of Islamic Banks is to maintain the banks’ primary function as a mediator between the parties that are in surplus of funds to those in deficit or in need of funds. Islamic banks only facilitate and finance real assets. Speculation… Read More »Why Can Islamic Banks Survive in Times of Crisis?