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Qatar - New regulations for Islamic banking

Posted on 26 October 2010

From Globalarabnetwork.com: New rules for Islamic banking in Qatar released by the Central Bank in late August will change the way conventional banks offer sharia-compliant services and likely boost the performance of banks that focus solely on such services, reports Global Arab Network according to OBG.
The new regulations, made public on August 29, prohibit conventional banks from allocating more than 10% of issued capital to Islamic banking operations and from opening additional branches for Islamic banking……………………………………….Full Article: Source

 
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