Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Kuwait Finance House to split shareholding of Turkish asset manager
Kuwait Finance House (KFH) will divide the ownership structure of its Turkish asset management firm between local and Kuwaiti units, as the Islamic lender continues to build on its Turkey franchise. KT Asset Management, a wholly-owned subsidiary of lender Kuveyt Turk, will transfer 5 million shares representing a 50 percent…
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