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Islamic inter-bank trading contracts finalised

Posted on 29 May 2009

From Thenews.com.pk: Islamic banks in Pakistan have come up with two types of inter-bank trading agreements in their effort to develop a proposed Sharia-compliant inter-bank market.

Inter-bank Musharaka and Inter-bank Wakala agreements were finalised as standard contracts for the Islamic banking industry by Sharia advisers and product development experts of Islamic banks in a meeting held recently, Meezan Bank, which hosted the meeting, said on Thursday…….Full Article: Source

 
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