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Islamic banks ready for Basel III

Posted on 20 January 2012

Islamic banks are anticipated to come out strong in 2019 the target year regulators have set for the full implementation of the Basel III framework since these Syariah-compliant institutions already have the basics in meeting the requirements of the new regulations.
“I don’t believe Islamic banks will have an issue meeting the Basel III requirements,” said the CEO of CIMB Islamic Bank Bhd Malaysia………………………………………..Full Article: Source

 
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