IslamicFinance.de

Protestants are trying to block the National Assembly from approving an Islamic bond bill. Giving in to their pressure, the governing Grand National Party (GNP) has decided to stop deliberations on the bill.
Last week, the Christian Church applied more pressure on the government and the legislature, heightening tension over the issue. Rev. Cho Yong-gi, emeritus pastor of the Yeouido Full Gospel Church, has threatened to stage a campaign to force President Lee Myung-bak out of power unless his administration gives up the legislation bid for Islamic bonds.