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Absence of global standardization hobbles Islamic finance industry

Posted on 12 May 2010

From Dailystar.com.lb: Wrangling among scholars and wiggle room in interpretation of Sharia principles threaten to derail any attempt to arrive at global standards in Islamic finance, holding back the $1-trillion industry.
Analysts say that unified rules that could have fuelled growth will be difficult to establish given the differences not just between regulators but also between practitioners……………………………………….Full Article: Source

 
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