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Islamic Finance Briefing - Categorized | Banking, New Launches more

AmanahRaya plans to set up Islamic bank in Kazakhstan

Posted on 04 January 2011

From Btimes.com.my: AmanahRaya Bhd, a government-owned trustee company, plans to set up Kazakhstan’s second Islamic bank through a joint venture with Fattah Finance, a local brokerage company and state-run Development Bank of Kazakhstan (DBK).
An AmanahRaya spokeperson said the company expects to secure the required licences in the second quarter of 2011 and start operating the bank within one year thereafter……………………………………….Full Article: Source

 
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