To the Readers of ShariahFinanceWatch. We had some technological glitches, and thank for bearing with us during this time. We are up and running, and here is an article about Islamic Banking.

comments by Allyson Rowen Taylor

 

You’d think this story would be pretty big, but turns out only MarketWatch covered it. Try Googling this story. The only sites I see that discuss it are MarketWatch and a handful of Arab sources. Anyway, here’s a snippet of the story [1], courtesy of MarketWatch writer Mirna Sleiman.

“DUBAI (Zawya Dow Jones)–A senior Mideast executive at U.S. investment bank JPMorgan Chase & Co (JPM) [2], is being detained in Dubai as part of a widening fraud investigation at Dubai Islamic Bank (DIB.AI [3]), a police official said Sunday.

To read the rest of the aricle, please click on this link.

http://www.financialguruonline.com/investing/jp-morgan-islamic-unit-executive-arrested/

 

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