13.11.2009 - Islamic finance in France: Sharia calling
From Economist.com: France has banned the Islamic veil in state schools. Parliament is looking into outlawing the burqa from public places. But how bendy is this attitude? When it comes to Islamic finance, to the dismay of some politicians on both right and left, the government is trying to introduce elements of sharia—under which “usury” is forbidden. In a global recession, Islamic finance looks an attractive business. Worldwide sharia-compliant assets grew by 29% over the past year to $822 billion, according to The Banker.................................Full Article: Source
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