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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