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Islamic Finance: New opportunities in Islamic e-finance: Britain's position

Britain, and London in particular, is in a position to become a world-leader in Islamic finance, due to its reputation as a well-regulated financial centre, which recently prompted British Islamic Insurance Holdings' application to be regulated by the Financial Services Authority. Akbar Merchant and Ric Martin, of Kennedys, explain the Shariah law principles that govern Islamic finance, focusing on their implications for e-finance and e-payments.

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