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Demand for Islamic banking increases in Afghanistan

The Afghanistan Bank Association (ABA) have said that Islamic banking is important for boosting money circulation and improving the country’s monetary system. According to ABA, 11% of Afghans have deposited more than 280bn AFN in cash in banks. “Demands for

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Islamic banking starts in Afghanistan with a new regulatory framework

Afghanistan’s central bank, Da Afghanistan Bank (DAB), announced on Wednesday that all banks should provide Islamic banking services in compliance with a legislative decree of the president. DAB first deputy governor Khan Afzal Hadawal told a press conference on Wednesday

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