19.04.2010 - Flaws in Islamic finance highlighted by crisis: experts
From Dawn.com: Islamic finance has emerged relatively unscathed from the global economic crisis and Dubaiís turmoil, but experts say the dramas have exposed the need for tighter regulations and higher standards. The Sharia finance industry, which abides by religious laws that prohibit the payment and collection of interest, is worth an estimated 800-950 billion dollars and expanding rapidly in the Muslim world and in the West.........................................Full Article: Source
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