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Islamic Finance Briefing - Categorized | Islamic Law / Economics, People more

Elena Kagan and the sharia charge

Posted on 06 August 2010

From Guardian: While Elena Kagan was dean of Harvard Law, she did in fact help establish a program for the study of Islamic finance. And here’s where, if you’re willing to spend a few minutes looking beyond the headlines, matters get more complicated.
It turns out that Islamic finance is deserving of study and different from the finance the rest of us use because the Qu’ran forbids the charging of interest and certain other practices that we all use, so deals have to be structured differently. And in a shrinking global world, it’s worth learning about those things……………………………………….Full Article: Source

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