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Islamic Finance Briefing - Categorized | Banking, Market Moves more

HSBC Amanah to close in Qatar

Posted on 24 May 2011

HSBC Amanah, the Islamic unit of the global banking giant, is to cease operations in Qatar at the end of the year.
The move to close the bank’s Sharia-compliant operations in the country follows a circular from Qatar Central Bankordering conventional banks to sell their Islamic units, which HSBC had hoped to negotiate……………………………………….Full Article: Source

 
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