16.09.2010 - Islamic banks and exporting wealth
From Aawsat.com: The reason why Islamic banks first came into existence, was because Muslim societies needed financial institutions that operated in accordance with the ordinances of the Islamic Shariaa, and that sought to fulfil the Shariaa's prime targets in finance. Shariaa Law regarded finance as a tool to ‘construct the Earth’, achieve the renaissance of the Muslim nation, and ensure a decent standard of living for generations to come. This is something that cannot be achieved without banks and finance, as they are the energy behind any renaissance..............................................Full Article: Source
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