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Islamic finance activity: Another false start?

Posted on 15 June 2012

Islamic banks dreamed big in early 2009 as they emerged from the global crisis. Shari’ah-compliant institutions in the Gulf were mostly insulated from global conventional banks’ toxic debt.
It followed that Islamic finance was thrust forward as a viable alternative model. Some even suggested that under Islamic principles the disaster would never have happened in the first place………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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