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QCB set to brief banks on Islamic window closure

Posted on 18 February 2011

From Gulf-times.com: Conventional banks with Islamic branches will be briefed by the Qatar Central Bank on its recent circular demanding the closure of their Shariah arm by the year-end, it is learnt. “I understand a QCB meeting is planned in the coming days with the heads of the conventional banks concerned,” a source said.
In a recent circular the QCB said conventional banks with Islamic windows will have to end their Shariah operations by December 31, 2011……………………………………….Full Article: Source

 
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