19.04.2011 - Sarasin plans new hires to target Sharia-compliant business
Bank Sarasin & Cie AG (BSAN), the Swiss wealth manager controlled by Rabobank Groep NV, plans new hires in Dubai and Singapore to build its Sharia-compliant business. “We’ve beaten our targets for assets under management and profitability,” Fares Mourad, head of Islamic finance at the Basel, Switzerland-based bank, said today in an interview. “The business has developed very nicely.”.............................................Full Article: Source
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