09.03.2010 - Jordan turns to Islamic banks for borrowing
From Arabnews.com: The Jordanian government on Monday borrowed $100 million from the Jordan Islamic Bank in what Finance Minister Mohammad Abu Hamour described as a recognition of the successful performance of Islamic finance during the latest global financial crisis. Abu Hammour, who signed the loan agreement on behalf of the government, said that the credit would be used for buying wheat and barley to enhance the country’s strategic stockpile of the two basic commodities..............................................Full Article: Source
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