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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Emerging Trends, Finance more

No debt sales, no progress for Islamic finance

Posted on 25 June 2009

From Guardian: The sale of debt to third parties, especially through multiple securitisations, has been blamed for fueling the worst global financial crisis in generations.
But some banking experts say the sale of debt is key to developing a liquid secondary Islamic bond market and a deeper, more sophisticated sharia banking system…….Full Article: Source

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


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