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3
3.0 The UAE setting ……………………………………………………..…… 5
3.1 Regulatory restrictions in Union Law No. (10) of 1980 ………... 8
3.2 Case study: BNP Paribas ……………………………………..…. 11
4.0 Conclusion: Islamic banking and finance opportunities in the UAE ... 13
Appendix
Bibliography
1.0 Introduction: Adapting to Islamic finance practices
In the banking and finance sector of the UAE, Islamic finance practices are the law of the land. Foreign banks, financial institutions (FIs) and investment companies licensed to operate in the country have adapted to the norms...
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