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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Islamic banking as a policy tool

Posted on 21 October 2011

Now that Islamic banking and finance is a trillion dollar industry (US$ 1.14 trillion according to the Global Islamic Finance Report 2011), the ability of Islamic banks to influence government policy is much greater than it was fifteen years ago.
However, there are some state-owned institutions and corporates in different parts of the world, which are resisting change by proclaiming that they are already shari’a compliant and that their shari’a compliancy is sufficient to ignore further external requirements………………………………………..Full Article: Source

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


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