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Archive for January 26th, 2010

Islamic Economic System judged more fair

Tuesday, January 26th, 2010

Islamic Economic System judged more fair and balanced, and there are similarities between the position of borrowers and lenders than conventional economic.

Co-author Development in Islamic Banking Ishaq Bhatti said that because the position equation, the welfare of society more open to Islamic economics. This balance is also a cause both parties are responsible in the event of undesirable during the contract period. “Lenders (Islamic banks) will assist with re-negotiate its terms and condition,” said Bhatti, Australia through the International Education Seminar Series, at the Australian Embassy, Jakarta, Thursday (23 / 4). Read the rest of this entry »