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Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Call on Islamic banks to follow Basel III

Posted on 20 April 2011

The Arab banking conference which concluded here yesterday has asked the Islamic banking industry to follow international standards and rules regarding capital adequacy and transparency.
It is important that the Islamic banking industry adheres to Basel III, Arab bankers said. They recommended that the members of Shariah boards of Islamic banks be elected by the shareholders……………………………………….Full Article: Source

 
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