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Islamic trade finance in the spotlight – BNY Mellon’s Philippe Arbadji writes in TFR

The relative resilience of Islamic finance to the financial crisis has highlighted the model’s benefits – with trade finance in particular subject to increasing interest. While factors such as the comparative youth of the Islamic banking sector act as hurdles to immediate sector development, the inherent strengths of the Shariah-compliant model combined with deepening trade flows to and from the Middle East suggest a bright future for Islamic trade finance.

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