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Islamic Finance Briefing - Categorized | Banking, Market Moves more

BMI Bank extends partnership with Tamkeen

Posted on 03 September 2012

Tamkeen and Bahraini retail and commercial banking institution, BMI Bank announced an extension to their alliance providing Shari’ah-compliant financing for enterprises within the local private sector to fulfill their financial needs at a competitive cost.
Initially launched in November 2010, the joint scheme offers a suite of Shari’ah-compliant financial products under the umbrella of the Islamic banking division within the bank. The new agreement marks the third contribution of BHD 10 million made by the bank expanding the total portfolio to a total of BHD 30 million………………………………………..Full Article: Source

 
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