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Brunei: Sufficient laws vital to boost Islamic finance sector

Posted on 15 December 2010

From Bt.com.bn: Transparency and clarity, as well as sufficient laws, will help improve the work of industry players such as bankers, government bodies and lawyers in the local and regional Islamic finance industry, said a senior partner at a law firm said.
Muhd Jamil Abas Abdul Ali, senior partner at Abrahams Davidson and Co, said, “Laws have to be sufficient. If they are not sufficient, you can find or you will find players, such as bankers, syariah advisory committees of banks, lawyers, accountants they will have difficulty in trying to structure, research and come up with viable products,” Jamil said………………………………………Full Article: Source

 
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