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Luxembourg boosts its role as Islamic finance centre

Posted on 11 October 2011

Qatar made a splash in Luxembourg with deals to buy two banks in a sign of the State’s desire to make the Grand Duchy an Islamic financial centre in Europe.
Hours after the French and Belgian governments announced the break-up of the Dexia banking group, Luxembourg announced that Qatar had decided to buy the troubled lender’s unit in the country, Dexia BIL……………………………………….Full Article: Source

 
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