the holy war of islamic finance

KARACHI -(Dow Jones)- Pakistan's state-run power utility, - Water and Power Development Authority, or WAPDA, - has launched a PKR8 billion ($133.6 million) Islamic bond, the country's first such issue in the domestic market.

Muslims find giving to charity now harder

Abdul Hammuda nods to his customers - a steady stream there for takeout and the mix of Libyan, Moroccan, and Lebanese cultures.

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• Pakistan Power Utility Launches PKR8 Billion Islamic Bond
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