I do not think this is a serious risk at the moment, although it was not that long ago that it posed a threat. In 2003, we had both household borrowing and house prices growing at over 20 per cent, and that was on top of several earlier years of strong rises.
Despites those achievements, the industry still suffers from certain technical flaws namely relatively low operational efficiency, availability of full range of financial products to entertain the customers, and appropriately designed regulatory  BIS central bankers’ speeches  1  framework. In most instances, these lacks are associated with the low quality of human capital involved in the development of Islamic finance industry.