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Islamic banks shining in Bahrain

Posted on 13 May 2009

From Thenational.ae: Bahrain’s Islamic banks increased assets by 50 per cent to US$24.6 billion (Dh90.35bn) last year despite adverse market conditions, according to figures issued by the country’s central bank.

“Bahrain is well positioned to remain at the forefront of developments through the application of prudent regulatory standards,” said Rasheed al Maraj, the bank’s governor……..Full Article: Source

 
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