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Iraq’s Ashur Bank exploring Islamic banking window

Posted on 19 May 2010

From Reuters: Iraq’s Ashur International Bank wants to open Islamic banking services in Iraq amid growing interest in sharia-compliant financing, the investment bank’s chairman said on Tuesday.

Speaking on the sidelines of a conference in Dubai, Chairman Wadea Al Handal told Reuters that Ashur Bank is waiting for approval from Iraq’s Central Bank to offer Islamic banking services and that it submitted an application for the development six months ago……………………………………Full Article: Source

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