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Framework for cross-border financial stability needed, says Zeti

Posted on 16 May 2011

Bank Negara Malaysia is calling for action to develop a framework for cross-border financial stability as Islamic finance continues to expand beyond national boundaries, says Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz.
She said increasing internationalisation of Islamic finance has, to a significant extent, been facilitated by the expansion of Islamic financial institution operations beyond domestic borders……………………………………….Full Article: Source

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