07.11.2012 - Oman: Islamic banking needs strong regulatory body
To mark the conclusion of the first-ever Muscat International Islamic Finance Forum (MIIFF), the organisers have compiled key recommendations which have resulted from the discussions among senior industry figures, global investors, takaful operators, bankers, as well as top Shariah scholars who participated in the event. Over the diverse categories covered, the recommendations are as follows: In regulatory framework, they recommended that as the industry is in its early stage of development, it is essential to form a solid regulatory framework and incorporate learning from the experiences of other regulators...............................................Full Article: Source
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