19.04.2012 - BOK sets up the first Islamic financing Institution in Sudan
Fadi Saleem, General Manager, Bank of Khartoum has signed up a partnership agreement to start up microfinance policy, with the Islamic Development Bank (IDB) Deputy President for Finance Affairs Dr Abdul Aziz Al-Hinani. IDB will contribute capital for the company which will be called Irada Company. Fadi Saleem said, “The agreement represents a strategic partnership aiming at providing the Islamic finance products to individuals, families and social categories. BoK conducted market assessment for microfinance which revealed a great demand for Islamic finance products in Sudan.”..............................................Full Article: Source
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