Aljazeera.net: The collapse of America's fourth largest investment banks and fears about the stability of other financial institutions have led to some on the most tumultuous days in Wall Street's history.
My comments:Alot of Islamic banks have not been hit by the subprime crisis.IFIs should not be complacent but rather learn from this crisis and to make sure that they will not find themselves in a situation similar to this.Peace!
Saturday, September 20, 2008
A worrying week on Wall Street
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Saturday, September 20, 2008
Labels:Islamicfinance,Sharia compliants Subprime
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