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Mauritius to open first Islamic bank

Thu, 2011-02-03 17:31 — newsdesk

Mauritius's first Islamic bank will be operational by the end of the first quarter of 2011.
Mauritius is seeking to tap into the $1 trillion Islamic finance industry, and the central bank also plans to offer sharia-compliant short-term liquidity tools.

Source: 

http://www.telegraph.co.uk/finance/personalfinance/offshorefinance/82963...