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Can Islamic finance plug the funding gap?

Posted on 08 May 2009

From Thebanker.com: The global financial crisis has limited the finances available for major projects in the Middle East. But this could be an opportunity for Islamic financiers to come up with sharia-compliant finance to make up for the shortfall of Western funds.
For Islamic financiers, the draining of conventional liquidity from the system presents an opportunity to ensure that sharia-compliant tranches remain on the structured finance menu if and when activity does pick up again…….Full Article: Source

 
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