12.11.2012 - ICD to open two new Islamic banks in Africa
The Islamic Corporation for the Development of the Private Sector (ICD), a private sector arm of the Islamic Development Bank Group, is opening two new Islamic banks in Mali and Benin in 2013, to provide Islamic financial services in the areas currently greatly underserved, Khaled Al-Aboodi, chief executive officer and general manager of ICD , announced this week. Al-Aboodi, who was speaking at the Islamic Banking Summit, also stated that it is planning to issue a $ 200 million sukuk for the government of Senegal to provide liquid Islamic products for Islamic banks...............................................Full Article: Source
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