31.03.2011 - Competition time – Saudi Al Rajhi Bank heating up Islamic finance in Jordan
Competition looks set to continue heating up in the Islamic finance sector, with the latest entrant to the market, Saudi giant Al Rajhi Bank, opening for business in late March. As new players work expand their reach, sharia-compliant financial services will become increasingly accessible for Jordanian customers, while meeting the Basel III capital adequacy and risk-management requirements will remain a top priority for the banks, Global Arab Network reports according to OBG.............................................Full Article: Source
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