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Islamic banking in Qatar: Interesting times

Posted on 10 May 2011

Islamic banking in Qatar is the topic du jour of the industry at present. While the Central Bank of Qatar has created a golden opportunity for Islamic banks by ordering conventional banks to close their Islamic windows, political problems brewing in the region are throwing cold water on many banks’ expansion plans.
Will closing Islamic windows in Qatar lead to consolidation? The move will polarise the market and there are still issues that need to be resolved, vis-a-vis how you do it and how you regulate it and how to manage the transition, so there are a few issues that are still not resolved yet……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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