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Islamic banking probe taking place in Malaysia

Posted on 02 August 2010

From Macaunews.net: There appear to be possible conflicts between civil and Islamic law in Malaysia, in regard to the country’s banks. There have been a number of high-profile legal disputes over the finance industry in the past year, with sharia banking disputes coming to the fore.
Lawyers, bankers and sharia scholars in Malaysia have had to assess the industry where Sukuk holders rank in priority of payment when default occurs……………………………………….Full Article: Source

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