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Islamic Finance Briefing - Categorized | Banking, Investment more

Gulf investors sought for Islamic bank

Posted on 07 April 2011

A Muslim body backed by the Philippines government wants Middle East investors to take a stake in the country’s sole Shariah lender to help kickstart its Islamic banking industry.
Gulf investors can provide the needed capital to Al Amanah Islamic Bank, which aims to accelerate the socio-economic development of the Autonomous Region of Muslim Mindanao, said Datu Tahir Lidasan Jr, a director with the National Commission for Muslim Filipinos…………………………………….Full Article: Source

 
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