Proposed Islamic banking regulation tipped to boost investments
13 days ago, 15:38
Proposed establishment of a legal and regulatory framework for Islamic banking is likely to boost investment flows from Southeast Asia and Middle East, Gulf African Bank CEO Abdalla Abdulkhalik has said. There was a significant international interest in Kenya’s Islamic banking, especially from Southeast Asia countries, but few deals have been cut due to non-existent legal and regulatory framework. “There’s a lot interest for investment out of the Muslim countries, especially Southeast Asia count ...
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