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Iran Discovers “Large” Oilfield In Caspian Sea
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17/05/2012
Islamic ‘Libor’ Launched
Published on Monday, 28 Nov 07:00 am
An Islamic version of the London interbank offered rate (Libor) has been launched by a consortium of Islamic banks and industry associations. It is aimed at offering an Islamic alternative to conventional benchmarks used by the financial industry, of which Libor is the most common.
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