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for the people who didnt know.....Sri Lanka is one of the few non-Islamic countries that are legislated for Islamic banking. Both the commercial and specialized banks operate as Shariah’s complaints in Sri Lanka after Banking act no. 30 was revised in 2005 in the country. The market size of Sri Lanka is about 100 Billion, out of which only 10 percent has been utilized. The MCB bank, people’s leasing, LOLC along with BOC and CBSL offer Islamic financial services.
these banking opportunities are likely to open many other investment gateways to Sri Lanka...... |
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