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Islamic Finance Briefing - Categorized | Banking, Market Moves more

KFH-Bahrain coordinates USD 400 mln-worth merger

Posted on 26 September 2011

Kuwait Finance House (KFH) announced here on Sunday its branch in the Kingdom of Bahrain (KFH-Bahrain) is leading preparations for the merger of three Islamic banks in Bahrain.
The possible merger will lead to the emergence of one of the biggest Islamic Sharia-compliant banking entities as a nucleus for even larger mergers in the region, KFH CEO and Managing Director of KFH-Bahrain Abdul-Hakim Al-Khayat said……………………………………….Full Article: Source

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