24.02.2011 - Qatar banks agree to move accounts to Islamic banks, Sharq says
From Arabianbusiness.com: A number of commercial banks in Qatar have agreed to transfer governance of assets and accounts to Islamic banks after the central bank ordered them to shut their Islamic branches by year end, Al Sharq reported, citing an unidentified bank official. The central bank’s circular to banks on February 1 said that non-Shariah compliant banks must close Islamic branches by year end and stop taking deposits in those units immediately...............................................Full Article: Source
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