Religion Dispatches, CA :In the midst of a global financial crisis one sector has yet to suffer the fate of the rest. Islamic finance, or Sharia-compliant banking, offers strict moral guidelines for dealing with money. Thus far Dow Jones and others have offered an Islamic Index for tracking these business, but it might be time to get the muftis on the phone.
Governments worldwide are struggling to manage the global financial crisis, with no end to the downturn in sight. But at least so far, one sector has been unscathed: the $1 trillion-and-growing business of Sharia-compliant banking.
That's right, Sharia. The same combination of medieval Islamic law and modern post-colonialism that makes the terrorist clique supposedly so hateful of Western freedoms...Continue Reading
Monday, January 26, 2009
Can Islam Save The Economy?
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