Bercy Seeks to Enable the Development of Islamic Financing in France

Christine Lagarde, Minister of the Economy and Finance, wants to facilitate the development of Islamic finances in France, stating she wants follow the model already in place in London. Known as “sukuks”, this kind of loan meets the rules of shari’ah law which prohibits claiming interest and investing in certain sectors like those related to war, alcohol and gaming.

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Le Figaro

Le Monde