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Crisis is an opportunity for Islamic finance 
By
 
Shveta Pathak  on 4/27/2009 

Being risk averse Islamic finance has better chances to tap into opportunities that the present economic situation offers, Saad Rahman, Executive Director, Islamic Banking, Calyon, told Emirates Business.

"Islamic finance is around one per cent of the greater financial system and is not immune. Going forward if we keep on having proper frameworks in terms of credit and risk, we should be able to grow. There is opportunity to show why we are different, why we are risk averse, we need to get the message across to investors," said Rahman.

 

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