28.11.2008 - Back to the basics: What is Islamic Banking?

From PBS: I was reading an article about Islamic banking in Malaysia, and I was surprised to find out that these Islamic banks were affected little if any with this bad lending that is going on in U.S. and in the rest of the world. Do you know what Islamic banking is? Paul Solman: I feel a longish answer coming on so if you're not interested in the history of usury, then even you loyal readers may wish to skip today's entry, or re-read a post from the past..... Full Article: Source

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