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Experts push for tighter Islamic finance regulation

Posted on 11 May 2009

From Bworldonline.com: Islamic finance must strengthen regulation, boost its professional staff and diversify as it takes on a bigger global role in the aftermath of the worldwide financial crisis, experts said.

Financial products compliant with Islamic shariah law are likely to gain in popularity as investors seek safer havens after the ruin caused by toxic derivatives sold globally by mainstream Western banks, they said…….Full Article: Source

 
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