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Economic

money-laundering

Preventing economic criminals from exploiting unlicensed interest-free loan funds is on the agenda of the Financial Intelligence Center

At the second meeting of the "Specialized Working Group on Identifying High-Risk Transactions Related to Money Laundering, Terrorist Financing, and Associated Crimes," the management of threats and vulnerabilities arising from criminal exploitation of unlicensed interest-free loan funds (*Qard al-Hasan* funds) was examined; emphasis was placed on the necessity of synergy and coordination among supervisory, security, and law enforcement agencies in identifying suspicious behaviors and transactions within this sector.

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