that is just so mean 2masti. i wouldn't wish this on my worst enemy.
everyone was totally surprised by the decision and most banks i think are still at a loss on what to do with their islamic banking units. it's not the decision itself, but the suddenness in which the qcb made its decision. there wasn't even room for consultation or at least preliminary measures for the banks to take before gradually shutting down their islamic branches. or something to at least prevent panic.
many news articles on this mentioned that hsbc even launched its islamic banking unit only recently in the presence of the qcb governor. what are they gonna do with that now? most staff in islamic banks i believe are made up of locals or are of arabic ethnicity. what to do with them now?
that is just so mean 2masti. i wouldn't wish this on my worst enemy.
everyone was totally surprised by the decision and most banks i think are still at a loss on what to do with their islamic banking units. it's not the decision itself, but the suddenness in which the qcb made its decision. there wasn't even room for consultation or at least preliminary measures for the banks to take before gradually shutting down their islamic branches. or something to at least prevent panic.
many news articles on this mentioned that hsbc even launched its islamic banking unit only recently in the presence of the qcb governor. what are they gonna do with that now? most staff in islamic banks i believe are made up of locals or are of arabic ethnicity. what to do with them now?