Bob Hannah, CFA

Thank you for visiting our blog and leaving this detailed comment. I very much appreciate that you have read both our monograph as well as the literature review on Islamic finance.

Islamic finance ideas and practice attract a wide range of views, from strong praise to criticism, and I can understand your perspective.

The debate around Islamic finance is not quite settled yet. I think the experience of the global financial crisis has materially influenced the thinking in both conventional and Islamic finance and brought more clarity to the ideas underlying Islamic finance.

Regards

Usman