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Islamic Finance
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Tunisia's El Wifack plans to become Islamic bank
El Wifack, which has its debt rated BB+ by Fitch Ratings, also said it planned to raise its capital by 5 million dinars ($3.1 million) to 25 million dinars, regardless of whether it received approval to operate as an Islamic bank. Islamic finance was neglected before Tunisia's 2011 revolution but…
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Click here to read the full story: Reuters