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Sharia forbids interest, which is key to most banks' operations. The central bank also allowed the subsidiaries of three leading French banks to sell Islamic products in Morocco: Societe Generale , BNP Paribas and Credit Agricole.
ago, the antitrust regulators levied about a billion euros in penalties from Barclays, Deutsche Bank, RBS and Societe Generale as part of the same case, which covers manipulation of financial contracts linked to a benchmark interest rate called
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