CIMB Islamic will begin offering a new Shari'ah-compliant deposit account that provides the profit in advance using a commodity murabaha tawarruq.
Bank Islamic Malaysia Bhd (BIMB) signed an agreement to offer Shari'ah-compliant products in Europe including capital markets, treasury manangement and wealth management services.
The Bank of Japan became an observer of the Islamic Financial Services Board (IFSB).
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