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HSBC in Talks With Qatar to Clarify Order Shutting Islamic Banking Units

Mon, 2011-02-07 14:11 — newsdesk

HSBC Holdings Plc is seeking clarification of an order by Qatar’s central bank requiring non- Islamic lenders in the nation to end services that comply with Shariah law.
HSBC Amanah is in discussions with the central bank “to find a workable solution”.

Source: 

http://www.bloomberg.com/news/2011-02-06/hsbc-in-talks-with-qatar-on-ban...