Islamic Banking Lessons for the Financial Sector Harvard Case Solution & Analysis

The financial crisis, which began with the fall of Lehman Brothers in 2008 and nearly brought the world economy to its knees prompted many international financial institutions, to do some serious re-evaluation. As they try to strengthen their capital and reduce their risk of the operation, which should governments, regulators and financial bosses seek inspiration? A good place to start would be to examine the banks that have shown the best results since the crisis began - many of which, ironically, it was shown that the "inferior" in 2006, during the heady days of the housing boom. In this sense, Islamic banking is a good test. The authors, who have extensive experience in the Middle East, to analyze how religious values, some form of non-traditional products and services that Islamic banks offer, and they highlight the challenges faced by these banks as they expand their presence in the West. Could there be a useful lesson for conventional banks, as they rethink and rebuild their damaged facilities in connection with the crisis? "Hide
by Albert Ribera, Veit Etzold, Philip Wackerbeck Source: IESE-Insight Magazine 8 pages. Publication Date: September 15, 2011. Prod. #: IIR059-PDF-ENG

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