5 Islamic banks risk of being frozen out of certain transactions

Five Islamic banks current accounts with Bangladesh Bank are negative, but transactions are ongoing. The central bank has warned that unless the banks meet liquidity requirements within 20 days, transactions will be halted, reported Prothom Alo. According to Three prominent media reports Bangladesh Bank’s Motijheel office has recently given this letter titled ‘BACH Settlement Complications’. … Continue reading 5 Islamic banks risk of being frozen out of certain transactions