| Developing countries such as Pakistan, India and Afghanistan hope that Islamic banking will coax out cash from under mattresses and into the financial system. Financial inclusion, they argue, is one of the primary functions of Islamic finance.
How strange then that a debate should erupt over whether conventional banks should be allowed to be involved in Islamic finance. Goldman Sachs’ Sukuk not being as Shari’ah-compliant as it cracked up to be led some to argue that western banks should be banned from the sacred sector................................................Full Article: Source
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