28.11.2011 - Sri Lanka: Plans to develop Shariah interbank market
The Shariah interbank market will be developed in Sri Lanka to position the country to become a regional player. The possibilities are being looked at to raise a Shariah bond and negotiations are taking place at present. The Sri Lankan banking industry landscape needs to be changed to incorporate better practices. Hence, Shariah is a concept that could be adopted by any customer not only Muslims, we need to promote this banking model, Wealth Lanka Management Chairman Mangala Boyagoda said..............................................Fll Article: Source
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