23.07.2012 - Bank Muamalat to open Islamic bank in China within 2 years
Bank Muamalat Malaysia Bhd has teamed up with Bank of Shi Zui Shan of China to set up its first Islamic bank in China — in Ningxia Province — in two years, and develop and promote Islamic banking there. Bank Muamalat CEO Datuk Mohd Redza Shah Abdul Wahid said the two banks will work together in setting up a framework for Islamic banking in China and aim to offer syariah-compliant products in Ningxia via a window at Bank of Shi Zui Shan's network of 23 branches...............................................Full Article: Source
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