Ningxia to Spearhead Islamic Finance in China

From Economic Observer Online:

With encouragement from the China Banking Regulatory Commission (CBRC), Ningxia Hui Autonomous Region is set to take the lead in trialling Islamic financial services in China.

If the pilot project is successful, policy makers hope that Islamic financial services will gradually become available throughout North West China.

Lu Suping, Chairman of the Bank of ’s board of directors, confirmed that the regulatory bodies had given the bank preliminary approval to go ahead with an Islamic trial.

Categories :

Tags :,,,

Tweets

SUPPORT CDT

Google Ads 1

CDT EBOOKS

Giving Assistant

Amazon Smile

Google Ads 2

Life Without Walls

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.