| Pakistan’s first and largest Islamic bank, Meezan Bank Ltd, said it was looking for opportunities to set up an Islamic bank in India. “India and Pakistan have cross-cultural similarities and we think there is immense potential for Islamic banking here. We have been discussing this internally and if regulatory hurdles are cleared, we may set up a branch here,” Muhammad Raza, Executive Vice-President and Head-Consumer Banking, Meezan Bank, said.
Raza said his bank was also looking to open branches in Malaysia and the UK, among others...............................................Full Article: Source
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