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Strengthen global rules on Islamic finance

Posted on 01 June 2009

From BT: A stronger framework governing global Islamic finance is needed to track if funds are being invested according to syariah principles. “That is why we are pushing for stronger overall consistent governing framework for global Islamic finance,” CIMB Group Chief Executive Datuk Seri Nazir Razak yesterday said.

While the future of Islamic finance is positive, he said, there is still room for further improvement especially in terms of rules and regulations on the global front…….Full Article: Source

 
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