Newswrap: Islamic finance
A summary of the latest Islamic finance news from around the world.
Taliban to replace conventional banking system with Islamic banking
The Central Bank of Afghanistan has established a committee to review and amend the Central Bank Law and the Banking Law of Afghanistan, reported The Jurist. The seven-member committee is to amend the legal framework of the central bank with a Sharia-compliant framework and end the conventional banking sector. It is not clear when this transition may happen.
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