MANAMA: Islamic finance is ideally suited to long-term project finance and therein lies a vast opportunity for regional Sharia-compliant financial institutions, according to Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj.
Talking to the GDN on the sidelines of the 14th edition of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)-World Bank Conference at the Gulf Hotel Bahrain yesterday, Mr Al Maraj said industry stakeholders need to figure out ways to channel the liquidity of Islamic investments into more impact-focused funds and sectors .
