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New scholar rules for Islamic finance

Posted on 03 August 2010

From Maktoob.com: The Islamic finance standard-setting body AAOIFI said it would overhaul rules governing Islamic finance scholars whose role and potential conflicts of interest have come under increased scrutiny.
The emerging Islamic finance industry is governed by national regulators and Islamic scholars interpreting Islamic law, or sharia. Interpretations can vary and critics of the industry say there is little transparency in scholars’ rulings……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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