| 21.03.2013 - Morocco: Central bank mulls nat'l Shariah board |
| Morocco's central bank has started talks with a body of Islamic scholars on establishing a central Shariah board to oversee the country's fledgling Islamic finance industry, a central bank official said. The board, composed of scholars and financial experts, would rule on whether instruments and activities complied with Shariah principles. Its creation would be a step towards establishing full-fledged Islamic banks in Morocco...............................................Full Article: Source |