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Muslim investors are not allowed to earn interest on their money or pay interest. Nevertheless, Bracewell & Patterson partner Alfred G. "Al" Kyle is developing a niche practice of representing banks in deals financed in part with money from Muslim investors. No one knows how much money from the Middle East is waiting in the wings to be invested in the United States, but estimates are as high as $200 billion.
July 29, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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