Islamic finance just one more crisis victim?
SFW has repeatedly pointed out that promoters of shariah-compliant finance who claim that it provides a hedge against the current financial crisis have no basis for their supposition.
Now that word is indeed starting to work its way into the media…Reuters has now picked up on this theme:
http://blogs.reuters.com/summits/2009/04/13/islamic-finance-just-one-more-crisis-victim/
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