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Islamic Finance Briefing - Categorized | Banking, New Launches more

First German Islamic bank prepares to open

Posted on 20 January 2010

From Thelocal.de: Germany’s first Muslim bank is opening in Mannheim, with plans to set up ten branches across the country offering banking services according to the ethical rules of the Koran.
The Kuveyt Türk Beteiligungsbank, based in Istanbul and Kuwait, is renovating its offices in the south-western city ahead of a planned opening in March, when the plan is to offer day-to-day banking services to the large Muslim community in the region…………………………………Full Article: Source

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