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Islamic Finance Briefing - Categorized | Banking, Market Moves, New Launches more

First Community opens Islamic investment banking subsidiary

Posted on 08 March 2012

First Community Bank on Wednesday launched Kenya’s first fully-fledged Sharia-compliant investment bank— FCB Capital. This came as the capital markets regulator announced plans to set up an Islamic financial products advisory body.
FCB Capital, a wholly-owned subsidiary of First Community Bank, will enter collective investment schemes (CIV) industry through the First Ethical Opportunities Fund………………………………………..Full Article: Source

 
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