Alternate Financial Model - stability and flexibility
At a time of almost unprecedented financial volatility a growing numbers of individuals and companies are now embracing alternate financial models (islamic in this case) which seem to provide better stability. The business model that exists today makes use of the common financial methodology, would they be able to take advantage of these alternate financial models? Looking from another perspective the enterprises that provide the common financial services, is their business model agile enough to provide an alternate business process to take advantage of these alternate financial models? One of my friends asked me “So how is it going to affect us and our economy”, I said “Not much until we take advantage of it”.