From Reason.com: French President Nicolas Sarkozy runs into trouble in the race for petrodollars, as members of his own party derail a plan to liberalize banking rules to make room for sharia-compliant (no-interest) banking
Unfortunately, where France is concerned, you can’t assume the default position is in favor of individual rights. So it’s not clear why allowing non-interest-bearing banking requires an amendment……………………..Full Article: Source