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Malta: Steps towards Islamic banking

Posted on 27 May 2010

From Timesofmalta.com: Research into the implications inherent in the regulation of banking activities based on Islamic principles, as well as the accounting of such activities, is still ongoing, Finance Minister Tonio Fenech told Parliament in reply to a question by Labour MP Leo Brincat.
Such research involved close examination of various banking aspects in the context of current legislation, regulations and legal principles at local, European and international levels……………………………………..Full Article: Source

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