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Islamic Finance Briefing - Categorized | Accounting and Audit, Banking, Compliance, Tax, Legal, Regulatory, Finance more

Islamic repo agreements struggle for traction

Posted on 11 May 2012

Islamic repurchase agreements may struggle to gain wide acceptance as a tool for financial institutions because the industry lacks clear rules governing their use, participants at a major industry conference told Reuters.
Liquidity management products such as Islamic repos were one of the main themes at the annual meeting of the Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) in Manama this week………………………………………..Full Article: Source

 
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