09.02.2011 - Qatar: Banks seek more time to shutter Islamic units
From Thepeninsulaqatar.com: Qatar Islamic Bank (QIB), the country’s largest Shariah-compliant banking entity, has offered to buy the Islamic banking assets of conventional banks, while the latter want the banking regulator, Qatar Central Bank, to allow them more time to close their Islamic operations. Banking industry sources pointed out yesterday that discussions were being held in the industry to convince the QCB that the time given to conventional banks to close their Islamic operations (by the year-end) is not enough..............................................Full Article: Source
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