| Greater cooperation, rather than competition, between the Middle East’s Islamic financial institutions is necessary if Islamic finance is to provide a real alternative to the conventional, international banks operating in the region, according to Hussain AlQemzi, GCEO of Noor Investment Group and CEO of Noor Islamic Bank.
AlQemzi, a seasoned banker with over 26 years of extensive experience working with leading financial institutions in the UAE, said regional Islamic banks do not have the financial punch to challenge their larger competitors from the US, Europe and the Far East...............................................Full Article: Source
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