IMF say Islamic banks need to improve transparency

An International Monetary Fund official said in an interview that Islamic banks need to provide more information on how they do business.

Lenders need ``a unified standard that will improve transparency and become a benchmark for any investor from anywhere,'' Ghiath Shabsigh, the IMF's chief for the Middle East and Central Asia, said in an interview in Doha, Qatar, on May 25. The information banks release can ``differ quite a lot across countries depending on the national rules.''

As much as $500

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account