Islamic banking an antidote to crises, should be promoted

Finance Minister Mehmet ?im?ek has the strong oppinion that the global economy would not have to deal with so many ongoing problems if the world would have adopted and effectively used Islamic financial tools, which are relatively more flexible against shocks.
Underlining that the importance and role of participation banking in maintaining stable economic growth have so far been underestimated by many, the minister assigned the recent problems in world markets to the ignorance of people.

You may also like...