| From Businessweek.com: Qatar Islamic Bank SAQ, the Gulf state’s biggest lender complying with Muslim banking rules, hired HSBC Holdings Plc and Credit Suisse Group AG to sell Islamic bonds, two bankers familiar with the transaction said.
As Qatari banks suffered from losses related to the global economic slowdown, the country’s government bolstered them by taking equity stakes and agreeing to buy the banks’ real-estate portfolios of about $4.12 billion.......................................Full Article: Source
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