Posted AT 12:00 AM EDT on 26/09/07
Let's not write off sharia banking
When we learn that Muslim Canadians want to start a sharia bank (a financial institution governed by Islamic religious law), our immediate reaction does not have to be that it's one more assault on the Canadian way of life. Nor must we write it off as unpractical because Islam's social ethic forbids charging interest on loans.
Let's remember that chartered banks are already not the only options we have for financing ourselves. There can be room for one more.
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