Found a nice article on Financial Times today on Islamic Finance:
Grappling with problems of success
http://media.ft.com/cms/11cc1304-3c81-11dd-b958-0000779fd2ac.pdf
Some interesting points:
- ‘Yet, an industry where every product needs a religious stamp of approval
is also starting to face some vital questions.’- ‘There are perhaps up to 100 religious experts who know enough about
finance and much of the industry relies on the top 12 scholars within that
group.’- ‘Dubai International Financial Centre and Cass Business School are
offering an executive MBA programme in Islamic finance.’