Tue, Dec 10, 2019
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, New Launches more

IBA starts rendering Islamic banking services

Posted on 10 April 2013

The International Bank of Azerbaijan, the country’s biggest bank, has announced provision of new services to clients through the first and so far only “Islamic window” in Azerbaijan.
IBA, founded in January 1992 and 50.2 percent-owned by Azerbaijan’s Ministry of Finance, holds a 35 percent share of banking assets in the country. It offers Sharia-compliant products through an Islamic window, which follow religious principles such as a ban on interest and on pure monetary speculation………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
December 2019
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031