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16.10.10

Islamic Finance Transparency Standard - a Consultation

Islamic Finance Transparency Standard - a Consultation
The Business & Economics Committee (BEC) of the MCB
The Muslim Council of Britain
October 2008

This consultation document, prepared by the BEC and its partners, intends to:
(a) Identify the problems created by the lack of Shariah governance standards
(b) Discuss the scope for industry self-regulation
(c) Examine the position internationally
(d) Examine the legal position in the UK
(e) Propose the creation of an Islamic Finance Transparency Standard

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