From Thestar.com.my: Malaysian Islamic banking institutions, operating as subsidiaries or windows, must have proper firewalls and separation of funds to ensure compliance with syariah requirements, Bank Negara said.
The authority was responding to a decision by Qatar’s central bank on Sunday directing its conventional lenders to shut their Islamic operations amid worries of overlap between the two, a move which some experts said could prompt other regulators to follow suit……………………………………….Full Article: Source