The Islamic Development Bank, a key arm of Saudi Arabia’s Salafi dawah programs around the world, plans to issue $5 billion in sukuk (also known as Islamic bonds) over the next 5 years.

The Islamic Development Bank has been quite active in pushing Islam out to the rest of the world by using financial leverage, something which sounds identical to the whole philosophy behind Shariah Finance…

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093302166

 

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