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Thailand open to Islamic bank tie-up with Malaysia

Posted on 20 October 2009

From Btimes.com.my: Thailand will consider allowing Malaysian firms to own a stake in Islamic Bank of Thailand to help provide Islamic banking particularly in the southern region, its Finance Minister Korn Chatikavanij said.

Korn said this could be a way to channel money from the government’s stimulus package to help resolve the political and social unrest in the southern provinces where Muslims predominantly reside……………………Full Article: Source

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