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Islamic Finance Briefing - Categorized | Banking, Funds, Investment more

Malaysia’s Bank Islam scraps plan for Muamalat stake

Posted on 13 April 2011

Malaysia’s Bank Islam has dropped a plan to acquire a stake in Indonesian lender PT Bank Muamalat, Business Times newspaper reported on Tuesday.
Bank Islam “is not participating in Bank Muamalat but is still keen on Indonesia”, the paper quoted Bank Islam managing director Zukri Samat as saying……………………………………….Full Article: Source

 
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