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Singapore-Bahrain deal to boost Islamic banking

Posted on 08 December 2009

From Straitstimes.com: A new agreement that is set to boost the growth of Islamic banking was inked between Singapore and Bahrain on Monday.

The Monetary Authority of Singapore and the Central Bank of Bahrain (CBB) signed a Memorandum of Understanding (MOU) at the 16th World Islamic Banking Conference (WIBC) plenary session in Bahrain on Monday morning, designed to improve supervisory cooperation and information-sharing between the two organisations……………………………..Full Article: Source

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