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The financing challenge

There is a view that, had the world banking system operated on the principles of Islamic finance, the meltdown would not have occurred; financial instruments based on toxic sub-prime mortgages would not have been allowed.

In an article from CIMA's Excellence in leadership magazine, David Testa, CEO of Islamic finance group Gatehouse Bank, explains to Nigel Ash the opportunities that Shari’ah law can offer to corporate finance and how it can help leaders cope in a recession. Read the full article here (PDF 136KB).