Wednesday, February 18, 2009

Banker for global group on Islamic financing norms

Gulf Times:AN INTERNATIONAL Islamic authoritative body for harmonising legal and regulatory standards in Islamic financing is the need of the hour, according to a top banker.

Moreover, it was imperative to address the asset-liability mismatch in Shariah-principled funding due to the absence of short-term liquidity management and longer-term refinancing instruments, said Doha Bank CEO R Seetharaman at the Middle East Financial Law Congress, which will conclude today...Continue Reading

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