Posted AT 3:23 AM EST on 07/05/07
Sharia-compliant finance is increasingly popular
It's an unlikely image: staffers at the Office of the Superintendent of Financial Institutions - surely one of Ottawa's driest regimes - are busy brushing up on the fine points of sharia law these days to cope with the anticipated expansion of Islamic financial services in Canada.
"Lately we have had more expressions of interest," said Normand Bergevin, managing director at OSFI's approvals and precedents division.
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