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Islamic banking, panacea to global meltdown

Posted on 06 October 2009

From Vanguardngr.com: Islamic fund has been declared as the only resilience alternative in the face of global meltdown as the returns from the Islamic financial institutions throughout the world in 2008 were in the region of $600 billion.

The Co-ordinator of a-three-day international conference of Islamic Banking and Finance, Dr Ibrahim Abdulquadri in an interview with reporters, said it would commence this week, noting that Islamic fund is the resilient alternative in the face of the global meltdown……………..Full Article: Source

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