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Islamic property laws hamper economies of Middle East

Posted on 04 April 2012

One of the world’s most influential scholars on Islam’s impact on Middle East economics spoke before a large Baylor audience Monday, arguing certain provisions of Islamic law stifled innovation in the region for centuries.
Dr. Timur Kuran, professor of economics and political science at Duke University, said Islamic law discouraged the development of large corporations that accompanied Europe and America’s economic progress in the industrial revolution………………………………………..Full Article: Source

 
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