Saturday, Sep 18, 2021
International Finance

Tag : constitution

Banking

Challenges for Islamic finance in the USA

The biggest challenge is the First Amendment of the US Constitution Camille Paldi  March 14, 2017: With proper regulation, legislation, and dispute resolution, Islamic finance, sukuk (Islamic bond) and takaful (Islamic insurance) have tremendous possibilities in the United States at this moment in time. Modes of Islamic finance, including musharakah, mudharabah, murabahah, tawarruq, salam, and istisna’a, can enhance the capitalist performance of...