Tuesday, April 03, 2007

Economic goals in Islamic countries & other news

Economic goals in Islamic countries

Farooq Tirmizi, a student at the Georgetown University School of Foreign Service with a column in the student newspaper The Hoya, has a very interesting article about the role of Islamic finance in defining "in a uniquely Islamic manner, the economic goals that governments must pursue".

Other news

EPF purchase of stake in Rashid Hussain Bhd was not a bailout says the Malaysian government's Second Finance Minister Tan Sri Nor Mohamed Yakcop.

Lloyds TSB will offer Shari'ah-compliant business financing.

Shari'ah-compliant home financing will grow significantly in the U.K.

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