German BAFIN welcomes application for Islamic banking license
The German banking regulator, BAFIN, held today a conference about Islamic finance with strong international participation and about 200 guests.
BAFIN president, Mr Sanio, says that Germany makes it easy to obtain a licence to sell the products, which are also compatible with the country's financial rules. He expressively welcomed "the first interested party that wants to start offering these products".
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