12.01.2011 - BLME launches Shariah-compliant deposit account
From Arabnews.com: Bank of London and The Middle East plc (BLME), London's leading wholesale Shariah-compliant bank whose main shareholders are Boubyan Bank, National Bank of Kuwait, the Securities House and the Public Institution for Social Security, announced the launch of its Premier Deposit Account (PDA) in pound sterling, US dollars and euro for investors in Saudi Arabia. The PDA is the first online Shariah-compliant deposit account in the UK with a minimum investment of 50,000 pounds. This account is termed ideal for investors looking for a competitive rate of return on an ethical, alternative investment..............................................Full Article: Source
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