Financial Times FT.com

Sharia funding moves into mainstream

By David Oakley

Published: March 30 2008 22:23 | Last updated: March 30 2008 22:23

The esoteric world of Islamic finance is not usually associated with James Bond. But Aston Martin – maker of one of the spy’s favourite cars – was bought out using Sharia-compliant finance by a group of Kuwaiti investors.

That deal highlights how far this source of funds is moving into the mainstream business arena as western companies tap the wealth of the Middle East to fund expansion and research.

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