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Raed Charafeddine

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Raed Charafeddine

Raed Charafeddine latest

Some analysts believe that a lack of awareness about various Islamic banking options underlies why the sector has suffered in Lebanon (Shutterstock)
January 6th, 2014 - 09:32 GMT

Why Islamic Finance is failing in Lebanon

The Islamic Finance industry is booming in the Middle East, but in Lebanon's banking sector, Shariah-compliant banks are failing to increase their market share beyond even one percent.
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About 66 percent of deposits in Lebanon are in foreign currencies, 90 percent of which are in U.S. dollars
September 29th, 2011 - 07:35 GMT

Lebanon is safe from EU crisis

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