30.05.2011 - Fears grow for Azerbaijani IF

Major legislative changes are essential for the future of Islamic banking in Azerbaijan, according to the director of a leading accountancy and consultancy firm's Azerbaijani operations. Hikmet Allahverdiyez, director of Moore Stephens in Azerbaijan, told The Islamic Globe that unless banks are allowed greater freedom to invest across the economy, Islamic finance will fail..............................................Full Article: Source

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