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Islamic finance gets backing from Vatican

Posted on 09 March 2009

From Bdafrica.com: A raging global financial crisis has won Islamic finance backing from an unexpected source – the Vatican.

In an article in its weekly newspaper, the Vatican says ethical principles upon which Islamic finance is based offers the best chance of getting banks closer to their clients and β€œto the true spirit that should mark every financial service.”…. Full Article: Source

 
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