Islamic Finance
Mergers & Acquisitions
Uncategorized
First Gulf Bank acquires full ownership of Aseel Islamic Finance
First Gulf Bank has increased its stakes in Aseel Islamic Finance, through a purchase agreement which has raised the bank's ownership from 40% to 100%. With a paid-up capital of AED 800 million, Aseel is now FGB 's Islamic banking and finance arm, offering innovative Shariah-compliant solutions for customers and…
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Source: First Gulf Bank