Kuwait ready to become hub for Islamic finance

There is currently a tremendous opportunity for Kuwait to profile itself as a hub for Islamic finance and Islamic banking, states Belgian academic and economist Professor Laurent Marliere.
He addes that Islamic finance itself is being challenged to redefine its model, the world having great expectations concerning Islamic finance and Islamic banking, which is discipline that does not belong to the Muslims exclusively but has turned into a global phenomenon.
He underlined the fact that Islamic finance is in a riper state in Asian Muslim countries than in Arab Muslim countries.