The CEO of Abu Dhabi Islamic Bank (ADIB), one of the largest Shariah compliant banks in the Gulf region, has said that Shariah banking is for everyone and offers an “ethical” banking alternative. The reason that Shariah banking is “ethical” is because it follows Shariah. Obviously, many people around the world would disagree with his assessment… http://www.gulfbankers.com/news-7107-islamic-banking-is-for-all-says-abu-dhabi-islamic-bank-ceo.html […]
Markets weighed down by corruption Andrew Foxwell Last Updated: August 27. 2008 11:50PM UAE / August 27. 2008 7:50PM GMT Although the rash of corruption probes and fraud charges in Dubai may ultimately strengthen the emirate’s economy, the pall the investigations have cast over the market is unlikely to lift soon. The most recent sign […]
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