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World Economic Forum: What is Islamic finance?

Dr Kamal Munir, Reader in Strategy & Policy at Cambridge Judge Business School, comments on Islamic finance. “Rather than providing a lucrative financial alternative to investing in the real economy, Islamic banking complements and strengthens the latter. It ensures that financial capital does not lead to artificially bloated asset prices. Instead, it is made to work in the real economy, on real projects,” Munir says.

Read the full article [weforum.org]