(MENAFN) Bahrain and the UK plan to boost their cooperation to improve Islamic finance at the UK-Bahrain Islamic Finance Summit, according to Gulf Daily News
The two countries have recently signed a memorandum of understanding (MoU) to increase co-operation in trade and investment finance between them
Under the MoU, the two parties will establish a working group and an education program to the development of Islamic finance-driven trade and investment
Islamic finance is currently growing 50 percent faster than conventional banking and is reached USD 2.2 trillion globally
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.