Islamic Finance
Mergers & Acquisitions
Uncategorized
QIIB mulling sale of its Islamic bank in Britain
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale of the UK’s only Shariah-compliant retail lender as it struggles to gain scale in the UK market. IBB confirmed it had received an approach by QIIB, which currently owns a controlling 88.41% stake,…
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Click here to read the full story: Gulf Times