Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Al Baraka unit to merge with Pakistan’s Burj Bank
Bahrain-based Al Baraka Banking Group, one of the Gulf’s top Islamic banks, said its Pakistani unit would merge with Pakistan’s Burj Bank to create an institution with assets totaling more than $1.1 billion. The merger, which was approved by shareholders of the two banks last month and still needs regulatory…
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Click here to read the full story: Saudi Gazette