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The National Bank of Abu Dhabi (NBAD) has chosen to focus on being a conventional wholesale bank in Malaysia first, before expanding into Islamic finance later.
The bank, which launched its Malaysian subsidiary National Bank of Abu Dhabi Malaysia Bhd (NBAD Malaysia) yesterday, was reported in September to have been interested in seeking an Islamic banking licence for NBAD Malaysia………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Market Moves more
NBAD to focus first on conventional banking
| Posted on 09 October 2012 |
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