VOL. XLV
No 5
4-February-2002
GENERAL
Moodys Says Islamic Banks NotAdapting To Innovative Financing
WhileIslamic banks are well placed to confront the challenges of disintermediationand technology, the design and implementation of innovative financingtechniques remains a considerable challenge, according to Moodys InvestorsService. The problem is that the new financing techniques may not becompatible with Islamic financial theory, said Andrew Cunningham, Moodyssenior vice-president and the author...
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