Can Islam Save The Economy?
…or outright subprime loans. There’s no doubt that they have weathered this better than the conventional banks.” For a world in need of fast, creative solutions to a cascading crisis, might this financial subculture offer a way out? Duke University economist Timur Kuran calls for caution. “I think it’s going to be a year or two before we have enough data to really know if it is the case that the banks are doing better and what explains it.” One way…
Read More