Islamic Finance
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More banks aim to join world’s first Sharia-compliant interbank benchmark
The recently launched Islamic Interbank Benchmark Rate (IIBR) aimed at raising the quality of the Islamic capital profile has some more banks knocking at its door. Seeking to tap into the $1 trillion Islamic finance industry, with an expected growth of 15 percent per annum, Thomson Reuters on Tuesday launched…
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Click here to read the full story: Al Arabiya