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Islamic banks need to update their risk management and Shari’ah compliance, according to a report from the World Bank and the General Council for Islamic Banks and Financial Institutions (CIBAFI). The report, based on a survey of 77 Islamic banks across 22 countries, reckons that there needs to be an

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Alex Hamilton is Senior Reporter at IBS Intelligence, follow him on Twitter or contact him at: alexanderh@ibsintelligence.com