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Private equity boom seen for Islamic finance

Posted on 18 February 2010

From Reuters: Private equity will be a key growth engine for the Islamic finance industry, but fund managers need to better understand Sharia concepts before a market can develop, a top banker said on Wednesday.

Like most parts of the world, the private equity market in the Middle East came to a standstill in 2009 as liquidity conditions and deal opportunities dried up………………………………….Full Article: Source

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