Sustainability of Islamic Finance in the West Finance Essay
With a rapidly altering world economic system, the long-established virtues and stringent laws of Shariah based Islamic Finance have recently adopted a promising reputation. Despite global attention on Middle East unrest and public divides in opinions related to Islamic practice, a growing trend towards favoring the adoption of IF policies. Since its formal establishment in 1963 in Egypt, through rapid expansion in the UAE in 1975 and Kuwait in 1977, the region sparked global interest as Islamic nations have consistently […]