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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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Afghanistan’s private sector not the engine of economic growth. Why?

A new report by the Stockholm International Peace and Research Institute (SIPRI) and the International Council of Swedish Industry (NIR) examines the states of the Afghan private sector and the nexus with development and security. The private sector, in its

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Opium cultivation declines in Afghanistan in 2015

According to an annual joint survey by the United Nations and Afghan government, opium cultivation in Afghanistan has dropped for the first time in six years in 2015. The survey showed a 19% decrease in cultivation to 452,200 acres, down

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