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The Jakarta Post 34
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Letter: Islamic banking: The next bubble?

  • The Jakarta Post

| Sat, September 3 2011 | 08:00 am

I have often asked various Muslim friends to explain to me the fundamentals of Islamic banking. The answer is that they themselves can’t really explain it well – especially when challenged with probing questions – but they always know a very smart expert who can.

The expert will then subject you to an avalanche of statistics and vague jargon. If you are a skeptic, you risk getting th...

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