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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Al Khaliji closes Islamic branch

Posted on 04 January 2012

Al Khalij Commercial Bank (al khaliji), one of Qatar’s leading commercial banks, said it has closed its Islamic branch as per the recent order from Qatar’s central bank.
Commenting on the move, al khaliji chairman Sheikh Hamad Bin Faisal Bin Thani Al Thani said, “As a pioneer Qatari bank, al khaliji will remain focused on its medium-term business strategy, which is aligned to the economic reality in the region.’……………………………………….Full Article: Source

 
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