17.12.2012 - Takeover deadline extended for Islamic Bank of Britain
Islamic Bank of Britain (IBB), the country's only sharia-compliant retail lender, said a deadline for a Qatari bank to decide on a proposed takeover offer had been extended to January. IBB is majority-owned by Qatar International Islamic Bank , which has been in discussions since June with Qatari lender Masraf Al Rayan to sell a controlling stake in the British bank...............................................Full Article: Source
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