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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Islamic banking industry must innovate

Posted on 30 October 2009

From Bt.com.bn: Islamic banking appears headed from strength to strength in the Brunei Sultanate. Javed Ahmad, acting managing director of Bank Islam Brunei Darussalam, tells how it happened and why the industry needs to innovate to sustain growth.
A very good example is Saudi Arabia. Saudi Arabia traditionally was very much a conventional banking market. There were some Islamic banks like Al-Rajhi Bank, they have a monopoly very much like what you heard about Bank Islam in Malaysia……………………..Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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