Continuation
In the wholesale
banking area, a number of institutions are active in the Islamic capital market.
That institutes
are active via:
-
foreign offices
-
or wholly-owned
foreign subsidiaries
mostly in terms
of:
-
trade finance
-
murabahah
-
and participation
in syndication facilities.
Italian banks
have also been active in the GCC region, more specifically in private-public
partnerships.
In addition,
there are a number of bilateral trade ties between Italy and GCC-based
institutions.
It have been successful
in introducing Islamic insurance products for group employee benefit purposes.
From the research paper of
European Central Bank
(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho,
B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)
No comments:
Post a Comment