Another financial crisis is in the offing?
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Bahrain, Dec. 4 -- MANAMA - The global banking community has been urged to take appropriate, precautionary and practical steps to face the possible economic crisis in 2020.
"Many analysts expect the crisis to take place in 2020. The exact timing is not what matters most but what matters is why and how such challenge can be tackled," Dr. Sami Al-Suwailem, Head of Financial Product Development Centre, Islamic Research and Training Institute, Islamic Development Bank in his keynote address during the 26th World Islamic Banking Conference 2019, said.
"Why would there be another major crisis, and how can it be avoided. Experts unanimously agree: It is because of excessive debt. Low interest rates since the onset of the global financial crisi...
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