Islamic Finance
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Switching operations: Faysal Bank to turn to the Islamic banking system
Faysal Bank is going to turn itself into a full-fledged Shariah-compliant institution in the next two to three years. Quoting the CEO of Bahrain’s Ithmaar Bank which owns a 66.7% stake in Faysal Bank along with associated companies, undertakings and related parties news agency Reuters has reported the Gulf-based Islamic…
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