But one can notice an evolution insofar as a number of academics 33 could argue that the admission of such instruments in Islamic finance depends mainly on the type of contract used, their content and their trading format. Contracts on currencies, interest rate and stock indexes are intrinsically barred.
Furthermore, this is a clear proof of what this seminar aims at: an opportunity to turn over a new leaf which is, undoubtedly, a step forward in our country's international financial integration. After paying the debt, Argentina will continue to maintain robust international reserve levels as a percentage of GDP, both in comparison with other countries and with its own previous historical levels.