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Islamic finance sector facing key challenges

Posted on 16 May 2012

Islamic finance industry is facing key growth constraints that need to be addressed, Central Bank of Bahrain (CBB) executive director of financial institutions supervision Abdul Rahman Al Baker claimed. “We are seeing continuing fragmentation in Islamic financial products,” he said.
“Unless products can be standardised, there will be less liquidity and documentation costs will remain higher than for conventional banks,” he said………………………………………..Full Article: Source

 
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