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Islamic finance needs regulation: experts

Posted on 19 February 2010

From Reuters: Dubai’s debt woes underscore the need for regulation and restructuring in the Islamic finance industry, said experts speaking at Reuters Islamic Banking and Finance Summit in Dubai.

Repayment fears about the sukuk, or Islamic bonds, issued by Dubai World’s property unit Nakheel put Islamic finance on the global stage and tarnished an industry that had been expected to remain buoyant even as conventional banks slowed down…………………………………..Full Article: Source

 
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