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Iran’s finance minister: World economy should shift to Islamic finance

Posted on 26 September 2011

The international economy should shift toward new models like Islamic finance to avoid periods of instability like the European debt crisis, Iranian Foreign Minister Seyed Shamseddin Hosseini said Friday at an International Monetary Fund meeting in Washington.
“The current architecture of the world’s economy, due to inconsistency between the financial and the real sectors, creates unavoidable periodical instabilities,” Hosseini said……………………………………….Full Article: Source

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