Islamic finance wrap: Which countries are keen on leveraging Islamic banking?
Here's a roundup of key developments across the Islamic finance ecosystem during the month of September
Editor's note: There is a visible demand for Islamic finance and banking. Keep to 'cash in' on the riding wave, non-Muslim majority countries across the world are obliging. Russia has intitiated Islamic banking, while the Bank of Uganda has issued its first Islamic banking licence. Philippines is also taking active strides to promote Islamic banking and financing activities.
Meanwhile, to deliver specialized training programs to enhance the overall Islamic finance space, Bahrain Institute of Banking and Finance collaborated with the Islamic Development Bank Institute, signalling a strong global run for the sector.
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