02.05.2012 - World Bank: Islamic finance full potential can be realised
The full potential of Islamic finance could be realised if several challenges are to be addressed, according to World Bank managing director Dr Mahmoud Mohieldin. The challenges that needed to be addressed include improving regulatory oversight, rebalancing tax treatment, strengthening insolvency framework, promoting standardisation, ensuring adequate liquidity and establishing sound risk-management practices...............................................Full Article: Source
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