EU - PUBLICATIONS - The EU and the GCC: Challenges and Prospects under the Swedish EU Presidency

Title : The EU and the GCC: Challenges and Prospects under the Swedish EU Presidency
By :Christian Koch, Leif Stenberg
Publication Date : September 2010
Publisher : Gulf Research Center
Publication Category:GRC Books
No of Pages : 130 Pages
Price :10 USD
Digital Copy , Hard Copy
File Size : 943.69 KB

3 - Islamic Banking and Finance and Its Role in the GCC-EU Relationship: Principles, Developments and the Bridge Role of Islamic Finance - Mehmet Asutay - p. 53-54
"...IBF’s contribution to the EU economies is unquestionable ...The lack of a common financial system in the EU  will complicate the task of expansion of IBF, but the experiences and social capital of the countries that have already adopted the system will help other countries to locate ways in which they can make amendments to their legal and regulative environment.
For example, the French financial authorities benefited from the British experience and the Italian financial environment followed the French and the British example.
This paper suggests that in addition to its contribution to the economies of the EU countries, IBF can play an important role in reconciling the political differences between the GCC and the EU countries, and hence can act as a bridge to civilizational dialogue...."

Publisher : http://www.grc.ae/index.php?frm_module=contents&frm_action=detail_book&frm_type_id=&pub_type=4&op_lang=en&sec=Contents&book_id=70877