From Arabianbusiness.com: Elaf Bank, a closely held Islamic investment bank in Bahrain, has applied for a banking license in Malaysia, chief executive officer Jamil AK Jaroudi said.
In an interview in Kuala Lumpur, Jamil said: “If they give approval tomorrow, we will open tomorrow. We are ready. We have a strategic vision that we would like to bridge the two main Islamic hubs, Bahrain and Malaysia.”………………………………………Full Article: Source