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Islamic Finance Briefing - Categorized | Banking, Emerging Trends, Finance more

Islamic windows or Islamic banks

Posted on 23 July 2010

From Aawsat.com: At the beginning of the Islamic banking experience, there were only exclusive Islamic Banks, there was no such thing as “Islamic Windows” as conventional banks had yet to realize the size of the opponent that had entered the banking industry.
They thought that Islamic finance was a practice based upon religious fervour that was bound to fail because it was not capable of providing a suitable alternative to conventional banking……………………………………….Full Article: Source

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