26.03.2010 - QIB set to enter retail insurance market in France
From Gulf-times.com: France’s second largest banking group, BPCE, and QIB have signed a memorandum of understanding (MoU) to establish a joint venture financial institution that will develop and market Shariah-based retail banking products in the European country. The joint venture (JV) will look at developing and marketing mortgage, vehicle and consumer goods finance and deposits and structured and investment products, QIB chief executive officer, Salah Mohamed al-Jaidah told Gulf Times here yesterday....................................Full Article: Source
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