Islamic finance can tackle global instability – Kuwait’s Al-Hashel

Central Bank of Kuwait
The Central Bank of Kuwait
Francisco Anzola

Kuwait’s Mohammad Al-Hashel has recommended wider use of Islamic finance as a means of promoting stability and reducing poverty worldwide.

The Central Bank of Kuwait governor cited “evidence of excessive risk-taking fuelled by record low interest rates” in remarks today (May 2). He referred to figures from the Institute of International Finance indicating global debt levels had risen from $167 trillion to $237 trillion in the past decade. At the same time, many countries are struggling with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.