From Di-ve.com: Malta should be in a position to issue guidelines on securities under Islamic finance law by the middle of the year, but there were still legal and technical problems to sort out with respect to banking, Finance Minister Tonio Fenech said.

Mr Fenech was replying to a Parliamentary Question posed by MP Leo Brincat. A consultation document on the introduction of Islamic finance in Malta was issued last year by the Malta Financial Services Authority……………………………….Full Article: Source