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Better disclosure rules sought for Islamic banks
By Liau Y-Sing and Raissa Kasolowsky, Reuters
As Western regulators stress test top banks, Islamic finance wants to broaden its regulatory approach and improve disclosure rules amid concerns that unhealthy banks may have slipped under the radar. Read the rest of this entry »

‘Quote of the month’

Dubai: The Islamic Finance trainers have introduced seven more Sharia Standards for the Islamic Banks and Institutions in the United Arab Emirates. The launch of the standards, which were developed by the Bahrain based premium Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). They seven were summarised as: Financial Rights and Its Management; Regulations of Liquidity Management; Bankruptcy, Capital and Investment Protection, Agency in Investment; Calculation of the Profit Transactions and Options of Trust.

New Islamic Finance Sites/Blogs

http://eu.wiley.com/WileyCDA/Section/id-390626.html http://islamicbanksnetworking.com/

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