Usury Free Finance Interest in North America

There has been growing momentum in reviewing aspects of Usury Free financing as an alternative to traditional financing models. In many of the recent global conference financial platforms including WIFE, the Moscow Forum and the International Takaful Summit, Harvard University's Forum on Islamic Finance, and UFANA, have been resonating the same message as stated in an address by HRH Prince Andrew, Duke of York to the World Islamic Economic Forum in his capacity as the UK's Special Representative for International Trade and Investment; In London, the global financial services centre, it has been recognized that there is a need to strike the right balance between risk taking and the requirement to provide capital to stimulate businesses in this difficult economy.  Islamic financial instruments are important tools in the armoury of a financier in order to achieve that balance. Full story in upcoming issue.