”Islamic Banking comes from a need to attract capital from where capital is, which in this case might be in the gulf…” Pretty interesting. The key requirement

”Islamic Banking comes from a need to attract capital from where capital is, which in this case might be in the gulf…” Pretty interesting. The key requirement seems to be that direct interest on loans is not allowed, so they structure financing differently to get around that. Results in some creative financing structures. ”The philosophy behind Islamic Finance is for the investor to be a partner in the risk” I’m not sure how that’s conceptually different than Western finance, though.