islam is ………

November 2, 2008

Islamic Banking: Steady in Shaky Times

Filed under: Islam,Opinion,Religion — WhyIslam @ 11:46 pm
Tags: , , , , ,

Washington Post writes:

As big Western financial institutions have teetered one after the other in the crisis of recent weeks, another financial sector is gaining new confidence: Islamic banking.

Proponents of the ancient practice, which looks to sharia law for guidance and bans interest and trading in debt, have been promoting Islamic finance as a cure for the global financial meltdown.

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