05.11.2012 - Egypt: Are your investments Sharia-proof? Islamic banking starts cashing in
The economic stagnation of the past year and a half has taken a toll on many businesses, but a fleet of Islamic investment banks in Egypt sees opportunity in the emerging new order. Ridge Islamic Capital, one such investment bank, has found a niche in the finance sector and made plans to capitalize on it. It offers Sharia-compliant investment banking, asset management and wealth management services to a market that experts say is primed for Islamic finance. Launched in late September, the firm is among a slew of banks offering, or planning to offer, Islamic investment products...............................................Full Article: Source
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