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Mohamed Virani

Mohamed Virani latest

Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.
September 15th, 2014 - 03:55 GMT

Are Islamic finance's non-Muslim adherents 'pushing the limits'?

They are treading a fine line, having to reconcile the fact that their businesses mostly depend on conventional banking practices - interest payments, and to some degree monetary speculation - which Islamic principles forbid.
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