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How Islamic Finance is a Solution to Global Financial Crisis? AIMS Education

The global financial crisis affect all the major financial institutions, but the Islamic banking and finance industry surpasses all Western conventional numbers. There are several ways in which Islamic banking can help to avoid financial crises. The focus on profit-sharing rather than interest means that there is less incentive for banks to engage in risky lending practices. This can help to reduce the likelihood of a financial crisis caused by too much debt. Islamic banks are typically more diversified than conventional banks, which can help to protect them from the effects of a financial crisis in any one particular sector. The principles of Islamic banking promote transparency and accountability, which can help to prevent financial crises caused by fraudulent or deceptive practices. Free Lecture on Islamic Banking During Financial Crisis and for more lectures: https://aims.education/financial-cris... #BankingCrisis #FinancialCrisis #Crisis #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #IslamicBanking #IslamicFinance #ShariahCompliant #IslamicFinancing #IslamicBankingandFinance #Banking #Finance #IslamicStudies #IslamicEducation Institute of Islamic Banking and Finance https://aims.education/islamic-bankin... Certified Islamic Banker (CIB) https://aims.education/islamic-bankin... Certified Islamic Finance Expert (CIFE) https://aims.education/islamic-financ... Master Diploma in Islamic Finance (MDIF) https://aims.education/diploma-in-isl... MBA in Islamic Banking and Finance https://aims.education/islamic-bankin... PhD Islamic Finance https://aims.education/phd-islamic-fi...