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Bank Negara: No ban on Islamic services by conventional banks

Posted on 10 February 2011

From Themalaysianinsider.com: Bank Negara Malaysia (BNM) assured that it will not follow Qatar’s example in stopping conventional banks from offering Islamic banking services.
“Bank Negara Malaysia has accorded the flexibility to the Islamic financial industry to decide on the strategic business direction of each individual institution,” the central bank said in response to questions from The Malaysian Insider……………………………………….Full Article: Source

 
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