Islamic banking: On the rise amid the credit crunch

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BERLIN, Germany — If the recent global economic crisis taught a lesson about debt, it might be to think twice about investing in it.

Wary of buying bonds that may never be repaid, some investors in these precarious times are looking for opportunities that don’t involve such high risk.

Some are turning to Islamic banking, a rapidly growing industry that is rippling through global financial systems due to its conservative and low-risk approach.

Read more at Global Post

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