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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Malaysia’s Bank Islam, Middle East buyers eye Bank Muamalat

Posted on 07 May 2010

From Reuters: Malaysia’s Bank Islam and Middle Eastern investors are keen to buy a stake in PT Bank Muamalat, the Indonesian bank said on Thursday, as they look to tap Indonesia’s vast but untested Islamic banking market.
The potential investors want to take a stake in Bank Muamalat, Indonesia’s biggest sharia bank, via a planned 1 trillion rupiah ($110 million) rights issue in June, the bank’s finance director said……………………………………..Full Article: Source

 
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