[We want to encourage Islamic banking.] In the first place because Islamic banking meets a demand from the Muslims living in the Netherlands. In the second place because we see an opportunity here for the Dutch financial sector. A third reason is that banning Islamic banking from the perspective of fighting terrorism will have a counter-productive effect. Denial of an actual need can lead to money-flows running via alternative channels out of the sight of the government. Islamic Banking in Britain, 12 February 2007 First Sharia Bank in Switzerland, 8 October 2006The Netherlands Want to Become Centre of Sharia Banking
More on Sharia banking:
Thursday, 12 March 2009
From the desk of The Brussels Journal on Tue, 2007-07-17 14:42
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