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Islamic Finance Briefing - Categorized | Banking, New Launches more

7 companies claim for services of Islamic banking introduction in Azerbaijan’s largest bank

Posted on 19 May 2011

Acceptance of documents for the International Bank of Azerbaijan’s tender for creation of a specialized company to render Islamic banking services has been finished.
The IBA, citing Behnam Gurbanzade, head of the working group on Islamic banking introduction in the IBA, informs that they obtained eight packages of documents, but the final part was allowed only 7 companies, as one of the tender participating companies failed to meet fully the tender conditions……………………………………….Full Article: Source

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