Bahrain's Islamic banking industry is unscathed by any backlash from the terror attacks in the US, a top official said on Monday.
The industry remains safe and sound because of its adherence to the highest standards of transparency and good governance, Bahrain Monetary Agency (BMA) executive director, Khalid Al Bassam, told the Manama-based Gulf Daily News.
Bahrain is committed to the continued development of the industry and a special committee has been established to further its growth, he said.
Bassam was speaking at a press conference following the first board meeting of the newly-established Bahrain-based General Council for Islamic Banks and Financial Institutions (GCIBFI), said the paper – Albawaba.com
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