CEO of DIFC Authority calls for greater innovation in Islamic Finance

CEO of DIFC Authority calls for greater innovation in Islamic Finance

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Nasser Al Shaali, the CEO of the DIFC Authority called on financial centres across the world to coordinate their efforts to promote innovation in Islamic Finance products.

Addressing an audience of financial professionals from around the world on the first day of the London Sukuk Summit 2008, Al Shaali said financial centres should work together to address weaknesses in legal and institutional frameworks that are hampering product innovation in Islamic finance.

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