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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Russia looking at banking the Islamic way

Posted on 09 September 2010

From Telegraph: As Russia’s 20 million Muslims observe Ramadan, the country’s banks are beginning to wake up to the growing opportunities offered by Islamic banking.
“Sharia banking stands a good chance in Russia, since Islamic business is slowly but surely developing here,” Linar Yakupov, who heads Russia’s Islamic Business and Finance Development Fund, said in an interview with the Moscow News……………………………………….Full Article: Source

 
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