Wed, Oct 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

AUB’s Kuwait unit shareholders approve sharia conversion

Posted on 13 January 2010

From Reuters: Shareholders of Ahli United Bank’s Kuwaiti unit have approved its planned conversion into a bank compliant with Islamic law, or sharia, the bank said on Tuesday.

AUB said in a statement posted to the Bahraini bourse that Bank of Kuwait and the Middle East would start its sharia-compliant operations at the beginning of the second quarter, with a date for the completion of the conversion to be announced later………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031