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The Turkish Bank Kuveyt Tuerk will open the first sharia compliant banking branch in Germany and is preparing documentation for the financial watchdog Bafin, Financial Times Deutschland reports, without saying where it got the information.
The bank will be headquartered in Frankfurt with branches to be opened in cities with a high density of Muslim inhabitants, FTD said………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Market Moves more
Turkish Bank to open first Sharia-bank in Germany
| Posted on 29 August 2012 |
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