Islamic financing and its role in Dubai's economic development
Marc, Jason Jalandoni
Anirudha Anand Kusre
Chua, Teelie Roe
Date of Issue2006
College of Business (Nanyang Business School)
Throughout the years, Islamic Financing has been growing at a fast pace. Whether it is due to the increasing number of Muslims in the world, or due to the uniqueness and benefits of the system, no one can deny that Islamic Finance has a place in this world. A prime example of where we can see the growth and development of Islamic Finance is in the Middle East, particularly Dubai and the United Arab Emirates. The Middle East has always been an area predominantly occupied by Muslims. Thus, it is here where we can find Islamic Finance to be practiced more predominantly.
Nanyang Technological University