Jordan government turns to Islamic banks for borrowing (for a bogus reason)

Jordan continues to move more into the grasp of Shariah-Compliant Finance, this time evidenced by the Jordanian government’s borrowing of $100 million from Jordan Islamic Bank.

The country’s finance minister claims that they did this due to Shariah-Compliant finance’s performance during the world economic crisis.

He must not be paying close attention…

http://www.monstersandcritics.com/news/business/news/article_1539365.php/Jordan-government-turns-to-Islamic-banks-for-borrowing?