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Warba Bank now registered on CBK Islamic Banks list

Posted on 08 April 2010

From Zawya.com: Warba Bank is now registered with the Central Bank of KuwaitCentral Bank of Kuwait (CBK ) on the “Operating Islamic Banks” list and the listing is effective as of April 5, virtue of recommendation by the Finance Minister, the CBKC Governor said.

Governor Sheikh Salem Abdelaziz Al-Sabah said the listing was virtue of articles of law 32/68, amended by law 30/2003 on creation of an Islamic Banks list in the articles and administrative sections dealing with regulation of the banking and finance activity in the State of Kuwait………………………………………..Full Article: Source

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