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East Africa: Islamic banks safe from crisis

Posted on 05 May 2009

From Allafrica.com: Islamic banks might come out unscathed from the raging global economic crisis thanks to their unique business model.

Experts in Islamic banking now claim the current global economic downturn would never have happened if the banking sector had pegged its business on the Islamic model…….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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