Islamic Finance
Regulation, Risk & Compliance
Tax
Uncategorized
Saudi crown prince seeks solution to $2.6bn Islamic tax row
Crown Prince Mohammed bin Salman has directed the Saudi government to resolve a dispute with banks facing higher Islamic tax liabilities, banking sources say, in an attempt to avoid any damage to his push to diversify the economy. It follows disclosures by major Saudi banks in recent weeks that the…
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Click here to read the full story: Gulf Business