Sun, Aug 31, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

UAE Central Bank plans Shariah-compliant CDs

Posted on 12 October 2010

From Khaleejtimes.com: The UAE’s Central Bank, in a bid to widen investment options for Islamic lenders, will introduce Shariah-compliant certificates of deposit, or CDs, by year-end.
According to experts, the central bank initiative “will help banks manage liquidity.” Initially, the CDs will be available only to fully Islamic banks and then extended to the Islamic banking units of other commercial banks……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031