Islamic Finance
Mergers & Acquisitions
Retail Banking
Uncategorized
Takeover deadline extended for Islamic Bank of Britain
Islamic Bank of Britain, the country's only sharia-compliant retail lender, said a deadline for a Qatari bank to decide on a proposed takeover offer had been extended to January. IBB is majority-owned by Qatar International Islamic Bank QIIB.QA, which has been in discussions since June with Qatari lender Masraf Al…
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Click here to read the full story: Reuters