| 09.11.2010 - Lebanon seeks to amend Shariah banking law |
| From Bloomberg: Lebanon, where Muslims make up more than half the population, is considering legislation to boost Islamic finance after the industry failed to garner 1 percent of total banking assets. The central bank is working with a group of local lenders to amend a 2004 law that allowed the establishment of Shariah- compliant banks, First Vice-GovernorRaed Charafeddine said.............................................Full Article: Source |