| From Albawaba.com: Islamic Bank of Britain has secured a £20million capital injection from founding shareholder Qatar International Islamic Bank which will take QIIB’s stake in the bank to over 80%. The investment is subject to shareholder and regulatory approvals.
The additional capital will allow IBB to leverage its established retail brand in the Islamic finance sector to increase sales of key products, such as the recently launched Islamic alternative to mortgages the IBB Home Purchase Plan..............................................Full Article: Source
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