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From Tradearabia.com: Ithmaar Bank will become a retail-focused Islamic bank following approval from the Central Bank of Bahrain (CBB).
“The CBB’s formal approval allowed Ithmaar to immediately implement its highly anticipated plans for a comprehensive reorganization with its wholly-owned subsidiary, Shamil Bank,” said Ithmaar Bank chairman Prince Amr Mohammed Al Faisal…………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Market Moves more
Ithmaar becomes Islamic retail bank
| Posted on 21 April 2010 |
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