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Islamic Finance Briefing - Categorized | Finance, People, Performance more

Profit margin from Islamic finance too high - Hadi

Posted on 02 July 2009

From Bernama: Datuk Seri Abdul Hadi Awang (PAS-Marang) Wednesday called for a review on the implementation of the Islamic financial system in Malaysia, saying the profit margin from loans provided under the system was too high.

He said the margin did not differ much with the conventional financial system, thus defeating the purpose of having a separate system………Full Article: Source

 
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