Turkey should think about Islamic banking, says Lord Sheikh While the global financial system still has not found a departure point for itself, alternative financial structures seem here to stay,
Modern Islamic finance emerged in the mid 1970’s with founding of Islamic Banks but the growth has been very rapid since 1990’s. The market is now worth over 750 billion dollars globally.
As Islamic arrangements are mutual arrangements it is very appropriate that this Conference is being held in Scotland. There is a long history and culture of mutuality in Scotland and it must be