| Affin Holdings and Bank of East Asia expect their Islamic bank to become operational by 2H12. Malaysian bank Affin Holdings Berhad and Hong Kong-based Bank of East Asia Ltd (BEA) expect their Islamic or Shariah banking operations in China to become operational by the second half of the year.
“We hope to make a breakthrough this year. It takes a bit of time but Insyaallah (God willing), by middle or end of this year, it will materialise,” said Affin deputy chairman Tan Sri Lodin Wok Kamaruddin...............................................Full Article: Source
|