| A new financial institution, Mouamalat Assahiha Bank, has been established in Mauritania to operate exclusively according to the Islamic finance code. “The new bank, with a US$20 billion capital, was set by young and successful Mauritanian business people,' according to a statement from the bank.
The bank will target both individuals and corporate organisations, and base its operations on the highest ethics and standards of the country's financial industry...............................................Full Article: Source |