Macarena can only wish she was clever enough to come up with a title like that. It actually comes from a September issue of Le Figaro, which caught her attention. Le Figaro, let us put it mildly, is not exactly your average pro-business journal catering to your average pro-business society.
Why come up with a thing like that? Well, islamic finance is generating more than a great deal of, sorry about the word, interest, among many big league players. Gordon Brown, for one, wants London to be the center for them, while estimates put the specifics at, say, US$500 billion.
As told in one of Macarena´s favorite stories in a long, long time:
Oil prices and religious fervor are both on the rise again. This time, Western financial firms have noticed that you don’t have to be Islamic to bank in accordance with sharia. All you need is a board of religious scholars to approve your operation. Muslim is as Muslim does.
Think about it. You really think the profit motive cannot work miracles?
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