12.12.2008 - Banking on Sharia
From Newstatesman.com: Sharia banking is growing fast and the mainstream banks are starting to offer Islamic accounts. Its system of shared risks and profits could offer a model for the financial services of the future. Sharia-compliant, or Islamic, finance is committed to promoting goals any proud progressive would recognise: equity, moderation, social justice. It is a system that revolves around prudent lending, the reduction of risk, the sharing of profits and an absolute ban on speculation and the short-selling of stocks..... Full Article: Source
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