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Islamic Finance Briefing - Categorized | Banking, Market Moves, People more

Mahathir urges countries to achieve 50pct market share for Islamic banking

Posted on 19 December 2011

Even in retirement he remains the most popular politician to the Muslim “man-and-woman-in-the-street”. Now as an elder statesman, Mahathir Mohamed, the former Malaysian prime minister, continues to give advice whether on the global financial crisis, on the future of the Islamic banking industry, on the Islamic gold dinar, on the future of US dollar as an international trading currency, and on his celebrated spat with arch speculator and fund manager, George Soros, in the aftermath of the Asian financial crisis in 1998.
There definitely is a future for Islamic finance. It would not be spectacular; it would not be the cause of booms and busts………………………………………..Full Article: Source

 
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