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First Finance lauds govt move on ‘hybrid’ banks

Posted on 25 February 2011

From Gulf-times.com: First Finance CEO Khalid bin Ibrahim al-Sulaiti has applauded moves by the Qatar Central Bank to impose greater regulation on conventional banks offering Islamic services over concerns that ‘unhealthy competition could lead to over-aggressive practices’.
“The market is too small to allow more conventional banks to open Islamic windows,” he said………………………………………..Full Article: Source

 
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