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NAIROBI, KENYA: The modern day Bait-ul-Maal whose creation was recently endorsed and structures created by Kenya Muslim scholars is an enterprise of immense global potential that would dramatically increase revenue collection for government and create jobs to the local population.
"The reasoning is simple, the problem of an interest based banking system is a problem faced by conservative Muslims not only in Kenya but around the world. With the current developments, we are becoming the focus of all Muslims around the world" says Maimuna Pertat a member of the lobby group Youth against Rib'a.
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