November 7, 2010

Islamic Finance: New Threat to Wall Street?

Andrew Sheng, China Post

AP Photo

As oil prices continue to remain at high levels, the Middle East oil-producers will continue to generate surpluses that must be parked somewhere. With the Western markets and economies under pressure, some of that money has moved Eastwards.

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TAGGED: Sudan, Luxembourg, Saudi Arabia, Qatar, Nigeria, United Arab Emirates, Turkey, Iran, Indonesia, International Islamic Liquidity Management Corporation, Malaysia, Wall Street, Islamic Finance, Islam

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