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Bangladesh’s Islamic banks to follow 'Musharaka mode' to settle bills | HALALTAMWEEL.COM

Bangladesh’s Islamic banks to follow 'Musharaka mode' to settle bills

1/11/2012 2:45:17 PM

Habib ur Rehman
HT Exclusive
From Dhaka

DHAKA: All the Islamic banks in Bangladesh will follow a unified solution under 'Musharaka (partnership) mode' very soon to settle foreign bill purchase as well inland bill purchase to compliant Shariah issues, a senior official said on Wednesday.