| 05.03.2010 - Investment Dar-Blom row 'may hurt Islamic banking' |
| From Tradearabia.com: Kuwait's troubled shareholding company Investment Dar is refusing to pay Lebanon's Blom Bank $10.7 million, saying that their original deal did not comply with Islamic law, in a move that could pressure the Islamic finance industry. Dar's charter prohibits it from entering into non-Islamic transactions...............................................Full Article: Source |