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Islamic finance sets up liquidity management body

Posted on 11 October 2010

From Reuters: A global Islamic liquidity management corporation has been set up to issue sharia-compliant instruments to help Islamic banks manage their risks and encourage more cross-border investments, an industry body said.

A lack of liquidity tools is seen as one of the key challenges to the emerging Islamic finance industry, with sharia banks handicapped partly due to the limited range of products they can invest in…………………………………….Full Article: Source

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