18.03.2010 - United Arab Bank launches Islamic banking services
From Cpifinancial.net: United Arab Bank (UAB) today launched its Shari’ah-compliant banking and financial services at a special ceremony held at the House of Calligraphy in the Heritage Area in Sharjah. United Arab Bank’s Chairman, HE Sheikh Faisal Bin Sultan Bin Salem Al Qassimi, called the launch “a new chapter” for the bank. He noted, “Islamic banking is a rapidly growing phenomenon in the financial markets because it answers the call of discerning Muslims who seek a banking system that conforms to their religious beliefs and is Shari’ah compliant.”.....................................Full Article: Source
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