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Singapore: MAS issues new banking regulations to clarify policy on Islamic banking

Posted on 15 April 2010

From Channelnewsasia.com: The Monetary Authority of Singapore (MAS) has issued new banking regulations to clarify its policy on Islamic banking by explaining the regulatory treatment of specific Islamic structures.

Specifically, the regulations refer to Singapore-based banks who want to enter into Istisna or project finance transactions…………………………………Full Article: Source

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