Rising interest rates may revive appetite for Islamic commodity deals
 

06-08-14 06:03 AM

* Commodity murabaha to see rebound as Western borrowers return SYDNEY, Aug 6 (Reuters) - A return to an era of higher interest rates could derail attempts by Islamic finance to create alternatives to a short-term funding instrument that has dominated the industry, but which some scholars and regulators want to see replaced. Islamic finance has been trying to diversify away from so-called ...

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