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European takes closer look at Islamic financing

iht.com — Islamic banking has already been integrated into the British and German banking systems, and banking executives at the conference said efforts were under way to allow Muslims in France to bank and invest under regulations that conform to Shariah, the legal code of Islam.

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  • persianpeace, on 10/26/2008, -0/+1Islamic banking is for all to benefit not just the rich so it won't happen in the west as it should.
  • BullHunter, on 10/26/2008, -0/+0The Central banks in the middle east are still owned by the same people as US, UK and most other countries. Afghanistan and Iraq only joined the same owners after GW and his cronies moved in and unofficially won the battles (got the central banks signed over). Iraq, Syria, Sudan and Cuba are still on the list of "non-conformers" and are still to join the ranks of our central banks.

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