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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Finance, Market Moves more

Market-friendly rulings promote Islamic finance

Posted on 28 August 2009

From Alarabiya.net: In a plain electronics store in Manama’s old business district, one of Islamic finance’s most powerful figures explains how religion defines the $1 trillion industry while still allowing for innovation.

“Everything is permissible unless you prove that it is not permissible,” Shariah adviser Sheikh Nizam Yaquby told Reuters in his tiny office crammed with religious manuscripts and old texts…………..Full Article: Source

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


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