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QIB follows Goldman model to boost investment banking

Posted on 16 April 2013

Qatar Islamic Bank is seeking to increase its investment-banking presence in the Middle East and Asia amid the worst start to a year for Shariah-compliant loans since at least 2006.
Shariah institutions have the expertise and distribution networks to become lead advisers in the mould of Goldman Sachs Group and JPMorgan Chase & Co, Mohamed Azahari Kamil, chief executive officer of the lender’s Malaysian unit Asian Finance Bank Bhd, said in an April 9 interview. QIB is sending the head of its investment division, a former Goldman employee, to meet clients at a seminar in Kuala Lumpur on May 2………………………………………..Full Article: Source

 
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