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Malaysia’s Islamic finance sector turns to “green”

Posted on 17 May 2010

From Hktdc.com: World Bank and International Finance Corp (IFC) officials arrive this week (10 May) in Malaysia to discuss the establishment of an Islamic financing facility for green technology.
Discussions with Bank Negara and the Ministry of Energy, Green Technology and Water could create a suitable model to compliment an Islamic-compliant US$200 million fund. This would be the first in Asia to focus on the environmentally-friendly sector……………………………………….Full Article: Source

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