07.02.2011 - Qatar move surprises local banks

From Arabnews.com: The Qatar Central Bank (QCB) has reportedly issued a directive requiring the country’s conventional banks, which have opened Islamic banking windows to close them down by the end of 2011. The move is ostensibly because the Qatari regulator feels that there is rampant co-mingling of conventional and Islamic funds, which consequentially comprise the Shariah compliance of the Islamic banking windows..............................................Full Article: Source

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