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13.8.09

The Development of Islamic Finance in the GCC

A recent piece surveying the development of Islamic finance in the GCC, examining the extent to which government policy (i.e. legislation and regulation), has facilitated the development of the industry in the region. Governance systems are also looked at, especially the preferred self-governance approach that has been developed by Islamic financial institutions in the region.

The development of Islamic finance in the GCC
The Kuwait Programme on Development, Governance and Globalisation
Rodney Wilson, Durham University
May 2009

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