This is an excerpt from today's NST - Biznews page 10.
"...The global financial crisis has intensified a push for Islamic finance to return to its roots and move further away from conventional banking. Recent sukuk defaults and the Dubai debt crisis have given ammunition to critics, who argue that Islamic instruments would have held up better if there were not such a close resemblance between sukuk and conventional...". Well, there's certainly a lot of research potential and innovation in Islamic finance that researchers can possibly explore. ARI invites interested researchers to collaborate with us...
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