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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

Islamic investment bank in Egypt wants to buy brokerage

Posted on 27 September 2012

Cairo-based Ridge Islamic Capital is seeking to buy a local brokerage as part of its expansion plan, so that it can offer a full range of sharia-compliant financial services in the country, a company official told Reuters.
“We want to start providing sharia-compliant brokerage services during the fourth quarter of 2012,” Ahmed Rizkallah, country manager of Ridge Islamic, told Reuters on Wednesday………………………………………..Full Article: Source

 
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