Growth of Qatar's Islamic banks falls - Banking & Finance - ArabianBusiness.com:
"Asset growth rates at Islamic banks in Qatar have dropped to just above those of their conventional peers, cutting a large lead which the industry held in previous years and suggesting the impact of a regulatory ban on Islamic windows is fading.
Qatar's central bank took the industry by surprise in 2011 when it announced conventional banks would no longer be allowed to run Islamic windows, which are sections of banks that operate according to sharia principles.
Islamic banking services could only be offered by separate, dedicated institutions. This prompted several conventional banks such as HSBC to close their Islamic businesses in Qatar."
'via Blog this'
No comments:
Post a Comment