30.09.2009 - France not ready for Islamic bank licences-Noyer
From Reuters: More work needs to be done to ensure that Islamic banks can operate safely in a conventional banking environment before France hands out its first such licences, the head of the French central bank said on Tuesday. France has spearheaded a drive to create a new European hub for Islamic finance over the past two years and industry hopes that the banking authorities may soon give the green light to an Islamic bank have been growing....................Full Article: Source
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