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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Islamic banks need to be competitive: Ex-QCB chief

Posted on 28 February 2011

From Thepeninsulaqatar.com: Conventional banks were allowed to have Islamic operations to help them have diversified sources of revenue and make the local banking industry more competitive, says a former governor of Qatar Central Bank (QCB).
Islamic banks in the country had small capital base then and that was another reason why their conventional counterparts were permitted to offer Islamic banking services, said Abdullah bin Khalid Al Attiyah……………………………………….Full Article: Source

 
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