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Is the concept "Islamic Banking" common in Europe and the Americas?

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Question added by Bassem Al-Ahmad , Financial Director , ADR
Date Posted: 2014/02/20
Sameer Khan
by Sameer Khan , Financial Accountant , Centro Salama by Rotana

Yes indeed it's quiet common there.

Islam Elrobe
by Islam Elrobe , Sales senior manager , blu

Yes the concept of Islamic banking and finance is common in Europe and in USA

Adnan Ameen Bakather
by Adnan Ameen Bakather , Founder & Managing Director , Consult & Perform

Yes, the concept of Islamic banking and finance is common in Europe and little bit in USA. However, it becomes debatable issues in several seminars and conferences in these continentals after the financial crisis in particular Europe (UK, France... etc.). In UK for example, the concept is more common than any other countries due to awareness of financial and education industry.

 

In America, the concept is still struggling. Currently, there is La Riba Bank which is considered Islamic bank. 

Islam Abd El Aziz
by Islam Abd El Aziz , Chief accountant , M.A.Kharafi & Sons

the concept  is not known or common by real defination but after2008 crises of global economy they try to learn about islamic banking cause they  found it more safer  than normal bank

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