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Politics, laws weigh on Islamic finance in India – Reuters India

finance - Google News Dec 20th, 2012 Finance.



Politics, laws weigh on Islamic finance in India
Reuters India
DUBAI/NEW DELHI (Reuters) - India's tiny Islamic finance industry is hoping to expand by developing products that would work around the country's ban on sharia-compliant banking. But political and legal obstacles mean progress is likely to be slow.

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