Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Dubai Islamic Bank Board Recommends Buying Local Competitor
Dubai Islamic Bank PJSC is proceeding with plans to acquire a smaller local rival as the United Arab Emirates’ biggest Islamic lender joins a regional wave of mergers and acquisitions. The shares rose. The state-controlled bank’s board recommended calling a shareholder meeting to consider buying 100% of Noor Bank PJSC,…
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Click here to read the full story: Bloomberg