Islamic Finance is Growing Fast but Faces the Form-Versus-Substance Debate (Video)

Speaking at the Middle East Investment Conference in Dubai, Ibrahim Warde, adjunct professor at Tufts University in the United States and a noted author on Islamic finance, argued that since the 1990s Islamic finance has gained much more international acceptability but that it continues to grapple with the fundamental form-versus-substance debate. With the current size of the Islamic finance market at over $1.3 trillion, Warde believes that it is not an exaggeration to say that in the world of finance, the fastest growing segment is Islamic finance.