| Al Hilal Banking Services, the Islamic finance arm of ahlibank, proposes to launch five branches. “We will reassess the potential for opening more branches for Islamic banking operations and if necessary plan more,” Hamdan Ali Nasser al Hinai, chairman of ahlibank, said.
“In terms of infrastructure, we have implemented a Core Banking IT System (iMal) to support our Islamic banking activities, and identified premises and refurbished the same to create dedicated branches for providing Islamic banking services at five different locations across the regions and plan to propose more...............................................Full Article: Source
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