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

Islamic Finance Briefing - Categorized | Banking, Performance more

Islamic bank loses millions in NZ investment

Posted on 23 October 2009

From Nzherald.co.nz: An Islamic bank has been burned by tens of millions of dollars from its investment in one of New Zealand’s most iconic brands.

It has been revealed the Bahrain-based Kuwait Finance House was owed more than $54 million when it decided to pull the plug on Canterbury Clothing’s European operations earlier this year…………………….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