Swiss Risk Losing Islamic Goldmine
[Michael Fouad Chahine of Credit Suisse:] "The development of Islamic banking has so far been limited to countries with a higher percentage of Muslims (...). But this is changing as more international regulators accept the importance of Sharia. It is now also accepted as socially responsible banking". (...)
[John Sandwick of Encore Management:] "If no effort is made whatsoever, I am afraid the world will pass Switzerland by in the race to control the rich prize: which today is worth hundreds of billions, but in the future will be trillions of dollars of Islamic wealth."
Recent comments
22 min 58 sec ago
1 hour 54 min ago
2 hours 25 min ago
4 hours 36 min ago
5 hours 33 min ago
5 hours 57 min ago
7 hours 50 min ago
7 hours 50 min ago
10 hours 8 min ago
11 hours 18 min ago