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Islamic finance hurt by its day in UK court

Posted on 22 March 2010

From Thenational.ae: When the Islamic scholar Taqi Usmani in early 2008 questioned a large number of sukuk, his remarks caused a backlash across the Islamic finance industry and harmed the reputation of Sharia-compliant bonds.

Two years on, it looks like a little noticed ruling by the high court in London could inflict more harm on Sharia-compliant loans and other financial deals………………………………….Full Article: Source

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


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