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An Islamic banking revolution?

Posted on 04 May 2011

Everyone who wants to see Islamic finance prosper should be hoping that a consequence of the Egyptian revolution will be an expansion of Islamic banking. As Egypt moves towards parliamentary and presidential elections, one of the big unanswered questions is the extent to which the Muslim Brotherhood and other Islamic-focused parties will be able to mount open and unrestricted political campaigns.

Those of us who work in the financial services industry are interested in the answer not just for what it will say about Egypt’s political future, but also for what it will imply about the authorities’ willingness to open up financial markets to Islamic banking………………………………………Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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