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Islamic finance looks to outgrow areas of controversy as it expands
Its success has led to doubts over whether the industry is living up to all of its religious principles
Add BT as a preferred sourcePublished Sun, Feb 1, 2015 · 09:50 PM
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London
AFTER a year of landmark deals which are opening new markets for Islamic finance, the industry is under fresh pressure to address some of its shortcomings and prove that it is not just an imitation of conventional finance.
Born in its modern form during the 1970s, Islamic finance has boomed in the past few years on the back of strong economic growth in its core markets, the Middle East and South-east Asia.
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