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Russia: Islamic banking readied

Posted on 17 August 2010

From Mn.ru: As Russia’s 20 million Muslims observe the holy month of Ramadan, the country’s banks are beginning to wake up to the growing opportunities offered by Islamic banking.
But more than the strict ethical guidelines that govern Islamic banking, it’s a cultural leap that is proving the most difficult for Russian bankers……………………………………….Full Article: Source

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


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