Monday, March 1, 2010

Islamic Finance Article from today's WSJ

Doing God's Work Islamic finance is meant to reconcile both commercial and religious ideals. It's a tall order.

This article briefly discusses Islamic finance, Islamic Project Finance and the inconsistencies in what different Shariah Boards deem to be Islamic. There is a brief discussion of the Dubai debacle.

Although this article is very brief, it does pose important questions about Islamic finance structures without rigorously analyzing them. A longer follow up article would be a great idea.

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