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BKME operating as Ahli United Islamic bank as of Thursday

Posted on 01 April 2010

From KUNA: The Bank formerly known as Bank of Kuwait and the Middle East (BKME) was crossed out from the local conventional banks list and is to start its Sharia-compliant operations as of Thursday listed as “Ahli United Bank,” said the Central Bank of Kuwait (CBK).
CBK Governor Sheikh Salem Abdelaziz Al-Sabah told KUNA this step follows the bank’s full implementation of measures required for the conversion. It comes in compliance with the fourth article of law 30/2003 on CBK and banking regulation in the State of Kuwait……………………………….Full Article: Source

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