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Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Qatar limits Islamic finance of regular banks

Posted on 30 September 2010

From Alarabiya.net: Qatar’s central bank’s new rules on Islamic lending released on August 29 are set to be to the advantage of “true” Islamic banks in the long-run.
The new regulations prohibit conventional banks from allocating more than 10 percent of issued capital to Islamic banking operations and disallow them from opening additional branches for Islamic banking……………………………………….Full Article: Source

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