Inside the Meltdown from the Perspective of an Islamic Financier
University of Reading - ICMA Centre
January 26, 2011
Global Islamic Finance, p. 28, January 2011
In the middle the heat of one of the greatest recorded financial meltdowns, and the breakdown of toxic assets, some small niche practitioners deliberated an important question: could this financial crisis have been averted, had the savvy Wall Street investment banks used the principles at the heart of Islamic finance.
This paper differs from the post-financial crisis research articles as it explains the credit crunch in a "SIMPLE" manner for those who just joined the investment Banking industry.
Number of Pages in PDF File: 4
Keywords: toxic, financial crisis, sub-prime, CDO, CDS, SWAP, RMBS, derivative, interestAccepted Paper Series
Date posted: January 27, 2011
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