People walk out of the Central Bank in Tunis, Tunisia, April 27, 2016. REUTERS/Zoubeir Souissi
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The Tunisian parliament Thursday approved a new banking bill to modernize financial services, a second reform called for by the International Monetary Fund after a disputed central bank law passed last month.Consequently, the banking law was approved by 115 lawmakers of 135 present in the 217-seat parliament.The banking law includes chapters to initiate a specific Islamic banking law for the first time. Three Islamic banks operate in Tunisia but no Islamic banking law exists.
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