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Sharia harmonisation possible in long run - Thai bank

Posted on 03 March 2009

From Arabianbusiness.com: Universal harmonisation of sharia interpretation is possible although market demands require the use of debatable structures for now, the Islamic Bank of Thailand said on Monday.

Islam, which is the basis of sharia finance, has different schools of thought, leaving religious scholars divided on the validity of certain contracts and resulting in a fragmented industry….. Full Article: Source

 
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