This has to be a harbinger of things to come. The story is worth clicking through to as it describes the sale of Aston Martin to a group that involved some Kuwaitis. The deal had to be structured to reflect the interest of the Kuwaitis and to conform to Islamic finance principles. The story goes on to note RBC and BMO have hired experts, and plan to expand their offerrings in this area. Canadian Banks & Insurance In February, Royal Bank of Canada hired Zaher Barakat, who teaches Islamic banking and finance at Cass Business School in London, as head … Continue reading RBC and BMO dabble in Sharia products