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Islamic Finance Briefing - Categorized | Banking, Market Moves more

ICD, Al-Baraka sign deal

Posted on 23 August 2010

From Istockanalyst.com: The Islamic Corporation for the Development of the Private Sector (ICD) has signed a Memorandum of Understanding (MoU) with Bahrain-based Al-Baraka Banking Group to jointly provide Islamic financing services.

The two parties also agreed to cooperate and work with each other on a non-exclusive basis to develop and enhance their relationship to their mutual benefit in areas of their business. ICD is the private sector arm of the Islamic Development Bank Group…………………………………….Full Article: Source

 
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