BD Islamic banks seek Sharia market
The Islamic banks in Bangladesh are lookinf for a Shariah-compliant money market and separate laws to govern the fast extending Islamic banking in the Muslim-majority country.
Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited (IBBL), stated that at this point around 20% business of the banking industry of the country is being handled by shariah-based banks and the scope is widening at a faster pace.
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