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Islamic finance and global security

Posted on 11 March 2009

From Istockanalyst.com: When Malaysian Prime Minister Abdullah Ahmad Badawi opened the Fifth World Islamic Economic Forum (WIEF) in Jakarta, Indonesia in the first week of March he said that the Western financial system had collapsed because of “unbridled greed” and that Islamic finance was an alternative to a failed Wall Street model.

Indonesian President Susilo Bambang Yudhoyono also called for continuing support for free trade as a response to the crisis but that nations should work “toward a development oriented trade regime” via the World Trade Organization….. Full Article: Source

 
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