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Islamic Finance Briefing - Categorized | Banking, New Launches more

Mauritanian gets new Islamic bank

Posted on 14 May 2013

A new financial institution, Mouamalat Assahiha Bank, has been established in Mauritania to operate exclusively according to the Islamic finance code. “The new bank, with a US$20 billion capital, was set by young and successful Mauritanian business people,’ according to a statement from the bank.
The bank will target both individuals and corporate organisations, and base its operations on the highest ethics and standards of the country’s financial industry………………………………………..Full Article: Source

 
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