Islamic finance damaged by financial crisis

Respondents to our poll say the image of Islamic finance has been hurt by the current crisis.

Islamic finance damaged by financial crisis
Nakheel's Palm Jumeirah island off the coast of Dubai

Supporters of Islamic finance say that its model of risk- and profit-sharing is less vulnerable to the problems associated with Western finance, as demonstrated by the current crisis, but the response to our web poll last week suggests that our readers disagree.

More than two-fifths of those who voted in the poll said that the reputation of Islamic finance had been damaged by the financial crisis. One of the biggest question marks hanging over Islamic transactions is how they will...

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