Bahrain starts Islamic financial market

BAHRAIN - An international Islamic financial market dealing in products that comply with Sharia law has been set-up in Bahrain, the Gulf's regional financial and banking hub.

Since 11 September, there has been a Western backlash against the Islamic financial system, which was accused of funding terrorists and how faces heightened scrutiny.

Bahrain signed an agreement in November with Malaysia, Indonesia, Sudan and the Saudi-based Islamic Development Bank (IDB) to create the International Islam