Showing posts with label besar. Show all posts
Showing posts with label besar. Show all posts

Tuesday, January 24, 2012

BRUNEI - BANKING - 'Commercial banks have edge over Islamic counterparts on returns'

www.bt.com.bn - ISLAMIC banks or financial institutions may not be able to compete with their conventional counterparts with respect to investment accounts since the returns cannot be guaranteed under Syariah or Islamic rules, a Universiti Brunei Darussalam (UBD) academic said.

"One of the normal criteria which the investors always look (for in) investment products is whether their capital will be intact, protected or whether there will be side effect or risk on their capital," said Hairul Azrin Hj Besar (pic), a senior lecturer of the national varsity's Faculty of Business, Economics and Policy Studies (FBEPS). (source)