Islamic Finance
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National Bank for Development signs up to Standard Chartered's Islamic Euro Nostro Product
Egypt's National Bank for Development, in cooperation with Abu Dhabi Islamic Bank Group has signed up to Standard Chartered Bank's Islamic Euro NostroAccount. The product will allow NBD to earn Shariah-compliant profits on its account balances at Standard Chartered Bank Germany Branch in Frankfurt. NBD offers a broad spectrum of…
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Source: National Bank for Development,