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Outsourcing in Islamic finance

Posted on 18 November 2009

From Sourcingfocus.com: Is Malaysia set to become the global centre of a new breed of Islamic finance outsourcing services? Recent research from ValueNotes, a Pune, India-based research firm suggests that this is the case.

Otherwise known as Shari’ah banking, Islamic finance is a system of banking consistent with the principles of Islamic law (or Sharia), which prohibit the payment or acceptance of interest fees for the lending and accepting of money, as well as investing in businesses that provide goods or services contrary to Islamic principles…………Full Article: Source

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


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