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From ashes of Wall St., Shariah’s ‘bright future’

Posted on 03 March 2009

From Thejakartaglobe.com: Malaysian Prime Minister Abdullah Ahmad Badawi claimed on Monday that “unbridled greed” in the conventional financial system was the root cause of the current global economic crisis and that a proposed Islamic financial system was an alternative to a failed Wall Street model.

“It is obvious that the conventional financial system has collapsed … Through lack of choice, we have inherited a system where people can trade what they do not own….. Full Article: Source

 
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