No. 07


Culture Or Accounting: What AreThe Real Constraints For Islamic Finance In A Riba-Based Global Economy ?

This comment was drawn from aspeech delivered at the Fourth Harvard University Forum on Islamic Finance, byAndrew Cunningham, a Vice-President Senior Credit Officer in Moodys Londonoffice. The Forum was held in October 2000.

Summary Opinion

Regulation of Islamic FinancialInstitutions (IFIs) and the accounting conventions which they use are becoming...