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Saturday, October 25, 2008

Sheikh Saleh Kamel Comments on the Financial Crisis

Saleh Kamel, a Saudi entrepreneur who heads the General Council of Islamic Banks, said the global crisis suggested Islam was the "third way" after the failure of great ideologies.

  • "Perhaps through this crisis, that is a great evil for the world, God will lead us to the school of moderation," he said. "Communism has failed and capitalism failed, and only now are they starting to admit this failure," he said.

(Writing by Andrew Hammond; editing by Anthony Barker)

The Rest @ Islamic Finance

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