16.02.2011 - Qatar ban 'a blow to banks'
From Tradearabia.com: Qatar's order that conventional banks stop offering Islamic banking services will have a negative impact on those banks and benefit Islamic ones, Moody's rating agency has said. 'The loss of Islamic banking franchise is credit-negative for Qatari conventional banks, which derive 10 to 15 per cent of their yearly earnings from Sharia-compliant banking,' Moody's was quoted as saying in a report in our sister newspaper Gulf Daily News..............................................Full Article: Source
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