Fri, Apr 25, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

QCB to hold Islamic assets, concerns raised over competition

Posted on 19 December 2011

Qatari commercial banks must transfer accounts from Islamic windows into a portfolio to be held by the central bank until they mature but commentators concerned over future competition in banking.
Qatar Central Bank (QCB) will manage the Islamic assets separately. “These will be carried in a portfolio, outside the activity of their business,” Qatar Central Bank Governor Sheikh Abdullah bin Saud Al Thani told Bloomberg News. “We are not in the business of mixing the Islamic with the non- Islamic by the end of the year.”……………………………………….Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930