| 03.06.2011 - Islamic banks urged to tackle profit ambiguity |
| Islamic banks need to work for tackling ambiguities surrounding their profits as well as rulings by their boards to ensure credible standards for Shariah-compliant units, the Central Bank governor said on Thursday. Sultan bin Nassir Al-Suwaidi said such uncertainties are among several challenges besetting Islamic banks in the UAE and other countries, including what he described as short-term liquidity management..............................................Full Article: Source |