15.05.2009 - Default by Aston Martin owner tests Islamic finance
From Telegraph.co.uk: Kuwait’s Investment Dar, the Islamic finance holding company which owns a majority stake in British luxury carmaker Aston Martin, has suspended payments on its KD1bn ($3.5bn) debt. Its strategy of relying on short-term financing was crippled by the credit crunch. Sharia law provides no precedent for what happens next.......Full Article: Source
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