Islamic Finance
Mergers & Acquisitions
Uncategorized
Qatar's Masraf Al Rayan says buys Islamic Bank of Britain
Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, said on Thursday it had completed its acquisition of Islamic Bank of Britain (IBB). Al Rayan did not disclose the terms of the purchase. IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank, which had been in discussions…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters