Friday, May 25, 2007

Banks Considering Sharia Compliant Products

The Globe and Mail, Tavaia Grant, 25 May 2007Bank of Nova Scotia and Toronto-Dominion Bank are quietly considering whether to start offering sharia-compliant products, as part of the big banks' strategy to reach out to a growing immigrant population.Representatives at Canada's second and third largest banks by market capitalization were among the 200 delegates at the Islamic Finance World

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