Bank Of Baku

Financial Markets Supervisory Authority sees application of Islamic banking services unadvisable

Financial Markets Supervisory Authority sees application of Islamic banking services unadvisable
# 05 May 2016 10:50 (UTC +04:00)

This issue was raised before the Authority. The Authority said it supports Central Bank’s decision and sees application of Islamic banking services unadvisable because it requires establishing Sharia Committee and other new structures.  

 

 

 

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THE OPERATION IS BEING PERFORMED