FA readers sceptical of Islamic finance

Two-thirds of our readers question whether Islamic finance offers a real alternative to conventional finance.

FA readers sceptical of Islamic finance

Islamic financial products have grown in popularity during the past few years, but respondents to our web poll last week are not convinced that they are a real alternative to conventional financial products.

The basic idea of Islamic finance is to create a fundamentally different relationship between moneylenders and borrowers, in accordance with Islam’s prohibition on usury. The main concept is that Islamic lenders share risk in a much fairer way than straightforward moneylenders, who simply charge interest based...

To continue reading, please login or register for free

Click for more on: islamic finance | islamic banking | polls

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...