Islamic Finance and the Global Financial Crisis

Some have proposed that Islamic finance serves as a vehicle for recovering from the international financial crisis and that the Islamic banking industry may be able to strengthen its position in the international market as investors and companies seek alternate sources of financing. Other economists have argued that Islamic finance is a different way of structuring financial dealings; however, it is not a totally different financial system.

This audiobook tries to note the main causes and the impacts of the current financial and economic crisis. In addition, it will discuss the belief that Islamic finance is a viable alternative to the ailing global financial system.