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Is Islamic finance the solution to India’s poverty?

Posted on 27 July 2010

From Financemarkets.co.uk: A former Supreme Court judge has launched a campaign to introduce Islamic banking and finance to India. Justice Krishna Iyer said Islamic finance has the potential to offer sustainable growth while reducing inequality.
“Islamic finance has proven successful in poverty alleviation and promoting sustainable growth in many countries,” he said. “It is very relevant in our country where 20 million people are starving.”………………………………………Full Article: Source

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