A Belgian academic and economist launched last December a project called Islamic Finance Lawyers (IsFin) that is based on macro-economic observations that money today is mainly in the hands of Islamic financing investors.

Asked how he came up with the idea of Islamic finance the Belgian academic answered that he had specific interest in the subject and he did a one-year course on Islamic finance. He added that Islamic finance is new to the western world and is moving very fast.

Source: KUNA News, Kuwait