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Qatar bank ban bad for Islamic finance

Posted on 21 February 2011

From Reuters: Qatar’s decision to ban conventional banks from offering Islamic banking services with immediate effect and to wind down their Islamic windows by the end of the year is an absurd development.
It is disgracefully anti-competitive, counter-productive and there is every likelihood that the government will come to regret it……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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