Islamic Securitisation Structures: More Needs to be Done?
Vinod Kothari Consultants
Islamic financial instruments are yet to stabilise in the markets and have inherent risks in their current structures. Nidhi Bothra discusses.
The basic proponents of Islam, which include socio-economic justice, equitable distribution of wealth and so on, have trickled down to the financial system as well to ensure religiously legitimate financial operations, giving the world a whole new distinctive and fast-growing segment in the international banking and capital markets.