From Bloomberg: Sharjah Islamic Bank, a lender complying with Muslim banking rules in the United Arab Emirates, is owed 55.4 million dirhams ($15.1 million) by Saudi Arabia’s Algosaibi group.
Sharjah Islamic has already taken provisions of up to 50 percent of that amount, the Sharjah-based bank said in a statement to the Abu Dhabi bourse today………………..Full Article: Source



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