27.08.2010 - Affin, HK partner plan first Islamic bank in China
From Btimes.com.my: Affin Holdings Bhd and its foreign partner, Hong Kong's The Bank of East Asia Ltd, have submitted a proposal to the China Banking Regulation Authority (CBRA) to open China's first Islamic bank. "CBRA is currently still studying the regulation and practices of Islamic finance. We hope to be the first Islamic bank in China once the authority has come up with the regulations," said BEA chairman and chief executive officer Dr David K.P Li in Kuala Lumpur.............................................Full Article: Source
Print