30.06.2010 - Islamic banks hold big portion of CDs
From Business24-7.ae: A big portion of certificates of deposits (CDs) issued by the Central Bank is held by Islamic banks which are better placed than conventional banks on the liquidity front. Though the total CDs with the Central Bank as at end-March 2010 amount to Dh68.5 billion, more than Dh20bn are held by Islamic banks which do not stand to get paid against that as Islamic banks do not accept interest..............................................Full Article: Source
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