04.01.2013 - Dubai Islamic Bank to acquire mortgage firm Tamweel
Dubai Islamic Bank said on Thursday that its board had approved plans to fully acquire Islamic mortgage provider Tamweel , in which it already holds a majority stake of 58.2 percent. Dubai's largest sharia-compliant lender intends to make a tender offer to buy all shares in the hands of Tamweel's other shareholders, it said in an emailed statement...............................................Full Article: Source
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