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Islamic Finance Briefing - Categorized | Banking, New Launches more

Mauritius opens first fully-fledged Islamic bank

Posted on 04 April 2011

Century Banking Corporation Ltd, Mauritius’s first fully-fledged Islamic bank, has officially opened, as the palm-fringed island strives to become a regional Islamic banking hub.
Pitching itself as a financial platform bridging Africa, the Indian sub-continent and Asia, Mauritius seeks to tap into what has become one of the world’s fastest growing financial sectors, with approximately one trillion dollars in assets believed to be managed in accordance with Islamic principles……………………………………….Full Article: Source

 
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