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Islamic or not? Top sharia scholars and their rulings

Posted on 28 August 2009

From Reuters: Deciding which financial products are permissible under varying interpretations of Islamic law is the main task of the more than 200 top religious scholars who sit on the sharia boards of Islamic banks.

Differences of opinion among scholars have seen some financial products deemed un-Islamic in certain centres but permissible in others, creating uncertainty in the $1 trillion industry as it looks for new ways to grow…………..Full Article: Source

 
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This post was written by:

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


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