21.09.2012 - World Bank expects Islamic finance assets to expand up to 15pct year
The Islamic finance market is poised to expand despite the lingering global economic uncertainty as companies, banks and even countries tap a pool of Muslim investors who are flush with cash to secure long-term funding, policy makers said. Islamic financing differs from conventional financing in its adherence to Shariah, or Islamic law, which among other things bans the charging of interest. Speculation or benefiting to the detriment of the public good is also taboo...............................................Full Article: Source
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