08.06.2012 - Qatar's QIIB mulls sale of Islamic Bank of Britain
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale of the UK's only sharia-compliant retail lender as it struggles to gain scale in the UK market. IBB confirmed it had received an approach by QIIB, which currently owns a controlling 88.41-percent stake, to take over the remaining shares with a view to a possible sale as it considers the strategic future of the UK bank...............................................Full Article: Source
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