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Western debt crisis spurs exodus to Islamic finance

Posted on 07 December 2011

Bahrain’s central bank governor Rasheed Mohammed al-Maraj said last week that Islamic finance had an opportunity to attract not only customers in its traditional areas, the Gulf and Muslim parts of Asia, but also investors around the world who had been hurt by the turmoil in mainstream capital markets.
“It should provide the industry with a sustained period of growth for the next decade,” he said………………………………………..Full Article: Source

 
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