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Entry of Dubai based bank stirs up Sharia banking

Dubai Islamic Bank is set open operations in Kenya, in what could be the start for Gulf-based lenders scouting for growth outside their home markets.  The Emirate's largest Sharia-compliant lender has started head-hunting top managers for its Nairobi unit.  In a notice appearing in the dailies on Friday, DIB Kenya…

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Click here to read the full story: Standard Digital

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