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France/Islamic finance: a marriage of convenience … almost at the break-even point

Posted on 21 April 2010

From Middle-east-online.com: France, proclaimed in November 2008 as a “haven” for Islamic finance, is considered “too slow” to implement this type of funding, despite the enthusiasm it generates in the political, financial, professional and academic milieus, in a global context where conventional finance is decried since the subprime crisis.
Seminars, forums, roundtables, and conferences, led by jurists, tax specialists, bankers, and academics, succeed in calling for the integration of a finance, which operates entirely in accordance with Sharia (Islamic law), in French regulations…………………………………….Full Article: Source

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


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