Islamic finance touted as alternative to Western practices as Africa eyes economic boom (The Washington Times)

ABIDJAN, Ivory Coast – It works like this: No interest on investments, but the borrower and the lender share the risk and split the returns. This growing form of banking, known as Islamic finance, is now making significant headway into Africa, one of the fastest-growing regions in the world. In fact, proponents of Islamic banking areā€¦