| It has been reported that Germany is in its relative infancy in developing Islamic finance and banking and will be getting its first Islamic bank this fall when Turkey’s Kuveyt Turk investment fund opens its first bank in the country, despite the worsening euro crisis.
The first branch will be opened in Frankfurt in cooperation with Ernst & Young and the law firm Norton Rose. Other branches will soon follow, particularly in Muslim-heavy cities like Berlin...............................................Full Article: Source
|