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Islamic finance flourishes in CIS

Posted on 24 May 2010

From Arabnews.com: Judging by the spate of conferences on Islamic finance organized in the Russian Federation and the rest of the CIS countries in recent months, interest in Islamic finance is fast developing in a region that should be a natural market for the global industry.
The region is rich in natural resources, especially oil, gas, minerals and cotton, and has a combined Muslim population in excess of 120 million………………………………….Full Article: Source

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