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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

UAE leads Islamic banking world

Posted on 24 January 2012

Mohamed Hamed Rashid is confident on his investment structure. Already, he has thrown over $100,000 into funding a new alternative energy project, but instead of looking for interest on his savings and start-up capital, he prefers the Islamic banking structure, which he argues delivers more freedom and more security than traditional Western banking.
“When I looked at the possibilities and where to put our money, the Islamic bank was the best option for us,” Rashid told Bikyamasr.com……………………………………….Full Article: Source

 
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