Newswrap: Islamic finance
- Date: 24-Mar-2022
- Source: Salaam Gateway
- Sector:Financial Markets
- Country:Qatar
Newswrap: Islamic finance
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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