Asked to close down their Islamic banking arms by 2011-end, conventional banks want to continue to manage the loan portfolios of the concerned units until their maturity. These portfolios are proposed to be managed independently of the bank’s mainstream conventional operations, as a special case.
Conventional banks are, though, willing to convert their Islamic banking branches into commercial ones after the closure deadline of December 31, as directed by the Qatar Central Bank (QCB)……………………………………….Full Article: Source