|Sayyed Fadlullah received a delegation from the Arab Financing House:|
Let Islamic Banking take its real size
The Religious Authority H.E. Sayyed Muhammad Hussein Fadlullah received Dr. Fuad Maturgi, the chairman of the Board of Directors of the Arab Financing House. They briefed His Eminence about the work of the House in Lebanon that follows the Shariah rules of finance and banking.
H.E. emphasised during the meeting the importance of Islamic banking which is being reviewed even by those who used to criticize it. He also pointed out to the importance of clarity and frankness in financial exchanges, and that Islamic banking attaches a great importance for the economy to take its real size and not the one inflated by investment and exchanges.
The Sayyed emphasized the need for the Islamic scholars and investors to develop the Islamic economic methodology that can provide solutions to the Muslim societies as well as others.