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Islamic Finance Briefing - Categorized | Emerging Trends, Finance, Market Moves more

Islamic Finance: ethical alternative to conventional Finance ?

Posted on 09 December 2008

From Ribh.wordpress.com: Once seen as a marginal industry by some, Islamic finance is now recognised as a vital and thriving market. It has been widely acclaimed as the fastest growing sector within the world of finance and positions itself as an alternative model.

Some suggest much of the current problems might have been avoided in an Islamic system (for example, because short selling and derivatives are generally prohibited). Advocates of this view point to the fact that funds adhering to Islamic (Shari’ah) investment principles have so far avoided the worst effects of the credit crisis….. Full Article: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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