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JSCL restricted from buying Dubai Bank’s stakes in BankIslami
The State Bank of Pakistan (SBP) did not show any flexibility to Jehangir Siddiqui and Company Limited (JSCL), wishing to increase its shareholding in BankIslami through purchase of Dubai Bank shares. According to stock filing, the central bank rejected request of JSCL to review its decision to disallow Dubai Bank…
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Click here to read the full story: dailytimes.com.pk