Thursday, 9 December 2010

FTAdviser.com - Bahrain launches Islamic finance platform

Ibrahim Thompson, Islamic finance adviser for London-based Radcliffe & Newlands, described the e-Tayseer platform as "a milestone for Islamic trading in the region".

Mr Thompson said platform, launched by Bahrain Financial Exchange, will facilitate transactions in Islamic credit, Murabaha.

He added that the service was ideal for UK investors with assets in the Gulf region.

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