Saturday, February 28, 2009

Islamic finance still fares better than conventional system

The StarOnline:ISLAMIC financial markets are not as badly affected by the global financial crisis as their conventional counterpart due to its unique structure, says MAA Takaful Bhd director Dr Zaha Rina Zahari.

“Fortunately, Islamic finance is structured in a more transparent and tangible way. You are not betting on something that is not real (intangible).

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