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Japan has been talking about Islamic finance for several years with Japan Bank for International Cooperation leading the way in terms of local research and development. However, up until recently, only a small number of Islamic finance deals have been done in this market.

Final Glance: Finance companies

NEW YORK (AP) -- Shares of some top finance companies were mixed at the close of trading: Bank of America rose $.01 or .1 percent, to $14.04. Citigroup fell $.02 or .5 percent, to $4.10. JPMorgan Chase rose $.07 or .2 percent, to $40.28.

Stamford Finance Board recommends Gateway street closure

STAMFORD -- After expressing reservations earlier this month, the Board of Finance voted 4-2 Thursday to recommend closing part of West Henry Street so a developer can proceed with the mixed-use project known as Gateway.