31.07.2009 - French reform to bring Islamic finance to heart of Europe
From Legalweek.com: As an international law firm headquartered in France, one might say that Gide's expertise in Islamic finance is driven by pragmatic or opportunistic reasons, such as the fact that France has the largest Muslim population in Europe (about six million, three times that of the UK), or by a more general need for new sources of liquidity to jumpstart the economy. These facts are undeniable, but Islamic finance has some key features of particular interest in the current climate, given the recent failings of conventional financing..........Full Article: Source