Bank of England proposes ‘fund-based’ sharia-compliant liquidity facility – OUT-LAW.com

Posted April 12th, 2017 in banking, islamic law, news by sally

‘The Bank of England is proposing to introduce a “fund-based” deposit facility for Islamic banks, which would allow them to obtain access to additional liquidity when necessary in a way that is compliant with sharia law.’

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OUT-LAW.com, 10th April 2017

Source: www.out-law.com