27.07.2009 - Organised tawarruq valid under Shariah, says prominent Islamic scholar
From Gulf-times.com: The use of the organised tawarruq financing structure does not contradict Islamic law, prominent scholar Sheikh Nizam Yaquby said, disagreeing with a Saudi-based ruling to the contrary. Tawarruq is a key financing structure of the $1tn Islamic finance industry............Full Article: Source
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