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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Asian Finance seeks Indonesia Banks for Qatar Islamic

Posted on 26 October 2010

From Bloomberg: Asian Finance Bank Bhd., the Malaysian unit of Qatar Islamic Bank SAQ, said it has identified up to three Shariah-compliant banks for purchase in Indonesia.
Asian Finance is conducting a due diligence and aims for the acquisition by Qatar Islamic to be completed by April next year, Mohamed Azahari Kamil, chief executive officer of the Malaysian unit, said in an interview in Kuala Lumpur today……………………………………….Full Article: Source

 
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