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Islamic Finance Briefing - Categorized | Banking, Finance more

Al-Bakra signs ICD Islamic finance deal

Posted on 24 August 2010

From Aameinfo.com: Bahrain-based Al-Baraka Banking Group has signed a memorandum of understanding with the Islamic Corporation for the Development of the Private Sector (ICD) to jointly provide Islamic financing services, Arab News has reported.
As part of the agreement, the two parties will organise the invest surplus liquidity and exchange information relating to increasing awareness of the Islamic products…………………………………….Full Article: Source

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