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Bahrain cbank to boost Islamic finance training

Posted on 13 April 2010

From Reuters: Bahrain’s central bank is increasing efforts to train Islamic finance scholars in banking practices, an official said on Monday, to address a bottleneck for the industry’s growth.
Islamic scholars are important gatekeepers in the emerging Islamic finance industry, whose assets are estimated at between $500 billion to $1 trillion, as they decide which products and transactions are allowed under sharia, or Islamic law………………………………..Full Article: Source

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