01.11.2011 - Elaf, Ohad set up Malaysian JV

Bahraini Islamic bank Elaf has joined hands with Ohad Trust, a leading provider of fund administration, custodian and trust services based in Bahrain, to set up a joint venture in Labuan, Malaysia. The new company Ohad Labuan said it has won a licence from Labuan Financial Services Authorities to work on trust, foundations, fund administration, registrar and custody assignments in Malaysia...............................................Full Article: Source

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