Halal Tamweel

Goldman advisor defends $2bln Islamic bond scheme | HALALTAMWEEL.COM

Goldman advisor defends $2bln Islamic bond scheme

1/3/2012 10:41:02 AM

DUBAI: An advisor to Goldman Sachs has defended the U.S. bank's $2 billion Islamic bond programme against criticism it may contravene religious principles, in a controversy that could affect Western banks' ability to enter the Islamic debt market.