12.06.2009 - Banking: Islam waits
From Canadianbusiness.com: As the Anglo-Saxon ex-masters of the financial universe struggle to emerge from a perfect storm of bad loans, bad bets and a deep recession, an alternative approach to business transactions is having a moment in the sun: Islamic finance, based on teachings from the Qur’an. Some governments, including the United Kingdom and Japan, have begun trying to tap into money from the Middle East by floating debt as sukuk, or Shariah-compliant bonds........Full Article: Source