Islamic Finance

Islamic Finance and Oil Prices Today

Recent significant variations of crude oil price have a significant effect on the Banking Industry.

In this article, we are taking a closer look on the current oil price and the potential effects of the Islamic Banking system:

  • Are Islamic banks are more affected by declining oil prices due to that fact that majority of the concentration of Islamic banking takes place in oil rich regions?
  • How the business model of Islamic Finance potentially could be a benefit for recovery.