VOL. XXXI

NO. 2

19-OCTOBER-1987

Financial and Banking News

REGIONAL BANKING

Abu Dhabi Banks Face Renewed Uncertainty over Interest

Commercial banks in the emirate of Abu Dhabi are facing renewed uncertaintyover the legal status of interest charged on loans, just five months afterreceiving the firmest indication yet that the Abu Dhabi Government wants toestablish the legality of paying and receiving interest. Abu Dhabi's chaoticlegal environment was much improved (from the point of view of bankers...