08.06.2012 - ZamZam, the under formation Islamic bank failed to launch its operation
ZamZam, the under formation Islamic bank officially announced that it failed to launch its operation of interest free banking. The board of directors of the bank told shareholders, the full Islamic banking operation will not be visible due to the National Bank of Ethiopia (NBE) directive that was ratified in September 2011, barring Islamic banking...............................................Full Article: Source
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