Germany government may expand the scope of its modest ban on 'naked short-selling'

Tuesday, 25 May 2010 04:59 by tabdulbasser

In yet another example of conventional (aka establishment) finance adopting practices from (or at least displaying agreement with) shari`a compliant (aka halal aka Islamic) finance (if unwittingly and partially), the Germany government may expand the scope of its modest ban on "naked short-selling."

Of course, a categorical ban on conventional short-selling, trade in derivatives (such as credit default swaps) and interest-based lending would be even better policy for Germany, Europe and ervyone else! :)

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