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Will Islamic finance get priority in WB’s financial sector program?

Posted on 03 October 2011

It is the most important annual economic and financial platform to discus the woes, successes and challenges of the global economy and financial system.
And yet while some Muslim countries trumpet the potential role of the Islamic system of financial intermediation in contributing to GDP growth and financial stability because of an ethics-based proscription on speculative activities at regional or national platforms and their proactive leadership in global Islamic finance, it is as if they are metarmorphosized into tongue-tied apparatchiks living in denial when it comes to the World Bank Group/International Monetary Fund (IMF) annual meetings……………………………………….Full Article: Source

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