Read the attached two articles, “Is Islamic finance at tipping point?” and “Islamic banking rises on oil wealth, drawing non-Muslims”.
Discuss the following questions.
1-What are unique features of “SUKUK” compared to other asset-back securities? How does the “SUKUK” have an effect on the Islamic domestic economy?
2-What do you think of the impact of Islam banking on US economy and value of US dollars?
3-What do you think of the impact of Islam banking on global financial markets?