| From Istockanalyst.com: The Islamic Corporation for the Development of the Private Sector (ICD) has signed a Memorandum of Understanding (MoU) with Bahrain-based Al-Baraka Banking Group to jointly provide Islamic financing services.
The two parties also agreed to cooperate and work with each other on a non-exclusive basis to develop and enhance their relationship to their mutual benefit in areas of their business. ICD is the private sector arm of the Islamic Development Bank Group...........................................Full Article: Source
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