First it was bonds (sukuk) and now Shariah-Compliant Finance is also set to adopt another financial instrument which shariah authorities had considered prohibited for years: short-selling.

Is there a pattern here? The way this keeps happening, it certainly tends to reinforce the notion that Shariah-Compliant Finance exists only to spread Islam and Shariah and not to see to it that pious Muslims invest according to allah’s will…

http://www.thedailynewsegypt.com/article.aspx?ArticleID=21171

 

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