20.08.2010 - Trade push reshaping Islamic finance's regional rivalry
From Reuters: Split by an age-old rivalry stemming from the fight for market share and differences in sharia interpretation, Islamic banking hubs Malaysia and the Middle East have struggled to work together in the past, resulting in fragmented standards and localised markets which have divided the industry. Some Malaysian Islamic products have not been accepted in the Gulf because authorities there say they are not sharia compliant..............................................Full Article: Source
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