This means that there must be a very high priority placed on sound management and risk management practices at Islamic financial institutions. As I have pointed out in the past, the sensational growth of the industry in recent years, combined with high levels of liquidity, has meant that Islamic banks have not needed to fight for funding or ideas.
That can be done without compromising the right to a higher education of any qualifying student, for instance through some variant of the Australian plan which provides loans to students, which they repay as they enter the labor force and begin to earn. In the past Israeli students have strongly objected to any significant rise in tuition. That is understandable.