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01 Jan

Qatar is all set to create a strategic plan and comprehensive regulatory framework for non-bank financial companies (NBFCs), which have vast potentials, particularly for the small and medium enterprises (SMEs) sector.

NBFCs should be able to capitalise on their experience in retail lending to expand their operations in the SME segment, Qatar Islamic Finance 2017 report said, adding opportunities for investment companies lie in Qatar’s largely untapped domestic private wealth.

Qatar is all set to create a strategic plan and comprehensive regulatory framework for non-bank financial companies (NBFCs), which have vast potentials, particularly for the small and medium enterprises (SMEs) sector.

NBFCs should be able to capitalise on their experience in retail lending to expand their operations in the SME segment, Qatar Islamic Finance 2017 report said, adding opportunities for investment companies lie in Qatar’s largely untapped domestic private wealth.

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01 Jan

Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange, so that they could not be used as a means of payment in Indonesia.

Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange, so that they could not be used as a means of payment in Indonesia.

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01 Jan

East Africa’s fairly developed infrastructure and communication sector, a young educated tech savvy population and their ability to capitalise on technology development provides a great opportunity for the region to lead in the Islamic Finance digital economy, according to Agnes Gitau, from GBS Africa.

East Africa’s fairly developed infrastructure and communication sector, a young educated tech savvy population and their ability to capitalise on technology development provides a great opportunity for the region to lead in the Islamic Finance digital economy, according to Agnes Gitau, from GBS Africa.

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