Central Bank of Mauritania planning Islamic Treasury Bills

Mauritania is working on the development of an Islamic interbank market. The initiative has already begun with the establishment of several Islamic banks. Recently, the Central Bank of Mauritania (BCM) conducted a study on the potential development of a local Shari'ah-compliant securities market. The study was made possible with technical help and expertise of IFAAS (Islamic Finance Advisory & Assurance Services).

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