Islamic Finance

Adeel Malik from the University of Oxford and Bassem Awadallah, founder and CEO of Tomoh Advisory, analyse the deep roots of the relative economic failure of the wider Arab world.

There has been much buzz about the potential social impacts of the rise of Islamic finance in the Arab Spring nations. But how do Islamic financial institutions view their responsibility to society?

Tarek El Diwany believes the core value proposition of Islamic Finance is to bring ethics to the center of finance and when this is achieved, everyone stands to gain.

Both OWS movement and Islamic finance aspire to reduce economic injustice but experience of Islamic financial sector shows that economic justice is enticing but elusive.