26.11.2010 - Singapore calls for Islamic improvements

From Gfsnews.com: The Monetary Authority of Singapore has called for stricter standards of risk management and corporate governance at Sharia-compliant financial institutions. Ng Nam Sin, assistant managing director at the authority, told the 17th annual World Islamic Banking Conference in Bahrain on Wednesday that banks need to ensure that their businesses can be "sustainable in the long-term"..............................................Full Article: Source

Print