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World Bank MD urges Islamic finance standardisation

Posted on 02 May 2012

Lack of standardisation and cohesion in Islamic finance, especially in sukuk products, hinders the growth potential of the industry and deprives the market of an organised structure to facilitate secondary trading and liquidity.
World Bank managing director Dr Mahmoud Mohieldin said promoting standardisation is among the challenges in the Islamic finance landscape and the industry would benefit from more widely accepted benchmarks and indices………………………………………..Full Article: Source

 
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