VOL. XXXIX

No. 3

16-October-1995

GENERAL

Eddie George On Islamic Banking

Speaking at a conference organized by the Islamic Foundation on 28 September, Mr. Eddie George, the Governor of the Bank of England, has outlined some of the issues currently confronting the regulator of Islamic banks. While not all the concerns which Mr. George raised are relevant to the Middle East - the distinction between an investment fund and a deposit-taking bank may not be so significant, for example -...