Islamic Finance: Promoting Real Economic Development

During the global financial crisis and its aftermath, Islamic financial institutions were less affected, protected by their fundamental operating principles of risk sharing and the avoidance of leverage and speculative financial products. This has led to a greater appreciation of the role of Islamic finance in supporting economic growth across the globe. With its in-built principles that support financial stability, inclusiveness and economic development, Islamic finance lends itself well to catalysing and promoting real economic.

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