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Bahrain’s Elaf Bank wins Malaysia licence

Posted on 27 June 2011

Bahrain’s Elaf Bank said Sunday it had been granted a license to operate in Malaysia as the closely-held lender seeks to tap into the Asian country’s growing Islamic finance sector.
The licence marks Elaf’s first international branch office and the bank plans to use Kuala Lumpur as its regional hub for Southeast Asia operations………………………………………..Full Article: Source

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