Islamic Finance
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Commercial Bank of Kuwait to convert to Islamic banking -KUNA
Commercial Bank of Kuwait, the Gulf state's fifth largest lender by assets, said a majority of shareholders had approved a plan to convert the bank into a full-fledged Islamic lender, state news agency KUNA reported. The bank's chairman Ali Mousa Al Mousa was quoted as saying on Wednesday that 85…
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Click here to read the full story: Reuters