The global financial crises of 2008-2010 has hindered the acceptance of Islamic banking and finance as an alternative to the conventional financial system.

Question

Quizplus · Accepted Answer

The global financial crisis of 2008-2010 actually increased interest in Islamic banking and finance as an alternative, due to its risk-sharing features and the prohibition of excessive uncertainty and speculation, which were among the causes of the crisis in the conventional system.

The Global Financial Crises of 2008-2010 Has Hindered the Acceptance