Sat, Mar 28, 2015
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Finance more

Noor benefits from Dubai bailout cash

Posted on 22 June 2009

From Maktoob.com: Noor Islamic Bank, a Dubai-based sharia-compliant lender that’s part-owned by the government, has received a portion of the emirate’s $10 billion economic bailout bond in the form of deposits, the company’s chief executive told news agency Zawya Dow Jones.

“We received part of the Dubai $10 billion bond in deposits,” Hussain al-Qemzi said in an interview Sunday. “We also received deposits from the Mnistry of Finance.”……..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
banner
March 2015
M T W T F S S
« May    
 1
2345678
9101112131415
16171819202122
23242526272829
3031