Wed, Nov 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, New Launches more

CIMB Islamic plans to launch Ar-Rahnu Islamic pawnbroking in 2H

Posted on 05 March 2012

The CIMB Islamic Bank plans to launch the Ar-Rahnu Islamic pawnbroking business in Malaysia in the second half of this year following the success of the similar business in Indonesia under CIMB Niaga Syariah, said chief executive officer Badlisyah Abdul Ghani.
“We’ve been fairly successful in our Ar-Rahnu business in Indonesia and it’s time for us to do the business here. We”ve obtained Bank Negara’s approval and once we finalise our delivery framework, we’ll launch the business most likely in the east coast………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930