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Friday, April 22, 2011

The Threat of Islamic Finance

No matter how many Qurans are burnt by Florida preachers, there may yet remain an area where Islam will have a powerful influence among a wide range of people:  Islamic Finance.

http://www.almasryalyoum.com/en/node/408315

...Although Egypt is considered the birthplace of Islamic finance, which adheres to Islamic principles banning interest and speculative trading, its growth has lagged due to past corruption scandals, while the previous government sought to enforce a more secular financial system...

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