Islamic Finance
Retail Banking
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Bahrain's Al Baraka to open Islamic bank in Morocco
Al Baraka is in talks with Moroccan lenders for the new bank. Bahrain-based Al Baraka Banking Group plans to set up an Islamic bank in Morocco next year with a capital of USD 50 million, CEO Adnan Ahmed Yousif said. Last month, Morocco's parliament gave final approval to an Islamic…
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