As I come to the end of my four-year reign over Islamic Business & Finance, I find myself grateful for all the experiences no other financial sector could have given me.
This is the last blog I will write as the Editor of Islamic Business & Finance. Tomorrow, I journey back to
In no other sector of finance could I have witnessed such impassioned debates, got such memorable sound bites or travelled to such random locations.
From being stranded in
I wonder if I will ever again be greeted at a press conference with "Welcome European woman, they said you would come."
When I collect my best and brightest memories, I find myself going against the grain of what most experts say about the industry – that it must standardise. Actually, the Islamic finance industry's diversity is one of its greatest strengths. I was once told by one of the most knowledgeable people I've met in Islamic finance that 95 per cent of the industry is already agreed upon – and scholars will be forever arguing over the last five per cent to stay in business.
Conventional finance isn't the same the world over, and conventional law will always be open to interpretation – that's why we have lawyers. If anything, Islamic finance must diversify further if it wants to avoid the same fate as conventional finance, which is run at the whim of a few suited rich men and plagued by systematic risk.
My colourful memories of reporting on Islamic are reflective of an industry as rich and diverse as Islamic culture itself. The remaining five per cent that keeps the scholars locked in debate sparks creativity and passion, which is what sets the industry apart and will keep it evolving.
It seems fitting that my journey should end in
After four years, I have very little to say on Islamic finance that I have not said already; but, as I have been said all along, the publication was never about my voice – it is the industry's. It has been a real privilege hearing what you all have to say – thank you!
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