11-15-2004, 01:45 AM
hi pracs
There has been a lot of talk about interest and Islamic banking- Since you have been working in UAE and have a better exposure to efforts being made in this direction. For the benefit of all of us could you please mention your own views/experience on modern banking system and the validity of efforts being made by UAE banks towards interest free and islamic banking.
Though it will take some time but I will be selfish enough to insist to please cover it in adequate detail. If your views already exist elsewhere on the forum, point me to the direction.
There has been a lot of talk about interest and Islamic banking- Since you have been working in UAE and have a better exposure to efforts being made in this direction. For the benefit of all of us could you please mention your own views/experience on modern banking system and the validity of efforts being made by UAE banks towards interest free and islamic banking.
Though it will take some time but I will be selfish enough to insist to please cover it in adequate detail. If your views already exist elsewhere on the forum, point me to the direction.