Bahrain readies to develop Islamic finance in Singapore

MENAFN.com
17 May 2008

(MENAFN - Bahrain Tribune) The Kingdom would facilitate the development of Islamic financial institutional network in Singapore. "The development of Islamic banking is something we are proud of in Bahrain," said the Central Bank of Bahrain Governor, Rasheed Al Maraj yesterday.

He held talks with the visiting Managing Director of the Monetary Authority of Singapore (MAS), Heng Swee Keat and his accompanying delegation. The two sides discussed issues of mutual interest, particularly the development and growth of the banking and financial sectors of Bahrain and Singapore.

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