Volume 3 Article informations Islamic Banking and the Last Financial Crisis Mohamed Bechir Chenguel Abstract The international financial crisis has started for more than one year now causing the fall of giants groups like Lehman Brothers, this indeed took place in the aftermath of the US sub-prime mortgage crisis. The last few months witnessed the intensification of the crisis. In reaction to the crisis, The International Monetary Fund previewed that this crisis will have serious consequences affecting financial markets all over the world. Different studies argued that within crisis, the Islamic financial institutions were relatively immune, and explained that The global financial crisis was a golden opportunity for the industry as a whole to come to the front and re-establish itself globally as a main stream and a provider for debt and equity, as well as a lawful and genuine choice.