From Tradearabia.com: Bahraini Islamic lender Al Baraka expects to buy a stake in Malaysian Bank Muamalat by year-end, its chief executive said on Tuesday, as it seeks growth outside of its home market.
‘There is a correspondence between us and them. We have stated our intention,’ Adnan Yousif said on the sidelines of a conference, adding he expected a deal to close this year……………………………………..Full Article: Source