Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Al Baraka Banking Group EGM approves initiation of the license conversion of its Bahrain-based parent company
Al Baraka Banking Group B.S.C., has successfully concluded an Extraordinary General Meeting of its shareholders, which approved the recommendation of its Board of Directors to formally initiate the process of converting the Group’s current Islamic Wholesale Bank license in the Kingdom of Bahrain to a Category 1 Islamic Investment Firm…
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Source: Al Baraka Banking Group B.S.C.