Wednesday, February 4, 2009

"Moody's": 30 billion U.S. dollars in the instruments market in 2008

The Islamic finance industry has faced unprecedented challenges in 2008 affected by the global credit crisis is the worst in more than 80 years.
According to a report issued by the international rating agency "Moody's" market instruments, in particular, faced significant challenges during the past year because of the high cost of credit, the controversy raised about the legitimacy of some of the structures of the instruments.