Omar Shaikh: Islamic banking could be perfect fit for Scotland
The Tods Murray/Islamic Finance Council UK (IFC) ethical finance forum will analyze the practical challenges relating to marketing and distribution and talk about methods for measuring social returns.
Over the last few weeks, these discussions have reached more pertinent against the backdrop of constitutional reform. Scotland’s monetary system is being strongly debated.
IMF studies have shown Islamic banks are more stable than their conventional counterparts and it needs to be seen what we can learn from this to diminish systemic risk.