Islamic Finance
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Abu Dhabi Bank Taps Expats With Barclays Buyout: Islamic Finance
Abu Dhabi Islamic Bank PJSC is seeking to bring a boom in Shariah-compliant lending to an expatriate population that dominates the Arab-world’s second-biggest economy. ADIB agreed to buy the conventional retail assets of Barclays Plc in the United Arab Emirates for 650 million dirhams ($177 million), the Abu Dhabi-based lender…
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Click here to read the full story: Bloomberg