Bank Sarasin & Cie AG (BSAN), the Swiss wealth manager controlled by Rabobank Groep NV, plans new hires in Dubai and Singapore to build its Sharia-compliant business.
“We’ve beaten our targets for assets under management and profitability,” Fares Mourad, head of Islamic finance at the Basel, Switzerland-based bank, said today in an interview. “The business has developed very nicely.”………………………………………Full Article: Source