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Malaysia, the world’s largest market for sukuk, plans to improve its legal system to become an alternative location to the U.K. for resolving international Islamic finance disputes. The goal is to position Malaysian “laws as the law of choice for Islamic finance transactions globally,” the central bank said in a statement... 

Once upon a time, microloans were primarily for entrepreneurs who lived in economically disadvantaged communities or were considered part of underserved populations. During the recession, however, microloans became an important resource for a wider range of entrepreneurs, many of whom are seeking the loans to supplement... 


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