16.06.2011 - Qatar's Islamic lenders may struggle to lure deposits

Four months after Qatar's controversial order for conventional banks to close their Islamic units, the decision may be proving less positive than expected for purely Islamic lenders. Despite February's ruling from the Qatar central bank, it seems many customers remain unconvinced of the advantages of moving away from deposit accounts managed by non-Islamic institutions and are instead staying loyal to conventional lenders..............................................Full Article: Source

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