Tuesday, December 17, 2013

One of the Challenges of the Islamic Financial Systems is the issue of insolvency

“One of the challenges of the Islamic financial systems is the issue of insolvency. Creditors have a claim over the underlying assets, which is a good thing, but bankruptcy regimes in Islamic countries are not very strong,”

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini

Nouriel Roubini

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