13.05.2011 - Islamic finance has hit another storm
Islamic finance has hit another storm. It has already weathered the global financial crisis, the Dubai debt standstill and disputes over what complies with strict religious rules. Now, there is poliitical turbulence in the Middle East and north Africa - among the main centres for this niche and emerging sector. So far, equities and products such as Islamic bonds, or sukuk, are holding up in spite of the instability. There is also continuing demand for financing for infrastructure projects.............................................Full Article: Source
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