Germany: Fertile Grounds for Islamic Banking

by Lahem Al Nasser
Asharq Al-Awsat
December 22, 2008

http://www.islamist-watch.org/1195/germany-fertile-grounds-for-islamic-banking

Excerpt:

Due to Germany's geographical location and its economic potential, Islamic financial institutions, which will develop in Germany without doubt, will serve both the German Muslim community, as well as the Muslim community of the entire Eurozone, the population of which is estimated at 18 million.

As a result of the global financial crisis, perhaps the world has become more open-minded towards an Islamic financial system.

Perhaps now is the time for Islamic financial institutions and Muslim investors to make their move.

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