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Qatar ‘Energy Bank’ is credit ‘positive’ for GCC, says Moody’s

Qatar’s proposed Shariah-principled Energy Bank is credit “positive” for Islamic finance in the Gulf Co-operation Council (GCC), according to Moody’s, a global credit rating agency. “The establishment of Energy Bank as an Islamic lender (rather than a conventional bank) is one of several GCC sovereign initiatives over these years to…

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Click here to read the full story: Gulf Times

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