From Emirates247.com: A senior Islamic scholar in Saudi Arabia has launched a rare attack on the Kingdom’s central bank, accusing it of stifling Islamic banking services. Sheikh Abdullah bin Suleiman Al Manee, a member of the Supreme Islamic Scholars Authority, said most of the Islamic banking services in the world had originated from Saudi Arabia but added they were all individual initiatives.
Addressing an Islamic banking seminar in Riyadh on Sunday night, he said the Saudi Arabian Monetary Agency (Sama), the Gulf Kingdom’s central bank, had not done enough to promote Shariah-compliant banking services……………………………………….Full Article: Source