Islamic finance expert sets up think tank

Sharia-compliant investing* is still a relatively nascent practice, but one of which long-standing Islamic finance expert Tariq Al Rifai is a firm advocate. He argues that Islamic finance would help solve some of the current issues in global financial markets, because they are driven by the buildup of excessive debt and derivatives – which are largely eschewed by sharia law. In fact, Al Rifai has just set up a think tank with a focus on such issues. Quorum Centre for Strategic S…