Islamic Finance
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World Bank, IDB sign Islamic finance agreement
The World Bank and the Jeddah-based Islamic Development Bank ISDBA.UL (IDB) have signed a three-year agreement to share expertise in Islamic finance and study how it can help economies develop. The IDB, with 56 member countries, provides financing, loans and technical assistance for development schemes which follow Islamic principles, such…
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Click here to read the full story: Reuters