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What is ‘Islamic finance’?

Posted on 15 March 2013

This week, the government launched a campaign promoting London as a centre for Islamic finance. The aim is to counter growing competition in this industry from rising centres such as Dubai and Kuala Lumpur.
Hamid Yunis - head of the Global Islamic Finance Group at international law firm Taylor Wessing - told the Today programme: “Islamic finance is generally business dealings in accordance with Islamic principles. “I think a good comparison is to those in the market who are playing in the ethical banking field.”…………………………………..Full Article: Source

 
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