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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Islamic banking and no interest loans are the new hot topics

Posted on 13 January 2011

From Suite101.com: Islamic banking and Islam Sharia no interest loans have become hot topics in the last year as many banks have rushed to create their own approved Sharia loan program. According to many speculators 2011 will see more and more Islamic banks opening up to handle the new rush of applicants for these interest free loans.
According to the Daily Monitor (January 11, 2011) “In 2011, Shall We See the Emergence of Islamic Banking,” “Recent reports have indicated that the central bank will soon move to regulate an Islamic commercial bank.” This news has shown to be an immediate indicator of what is in store for 2011……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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