28.10.2010 - Bahrain's Elaf applies for banking license to open in Malaysia
From Arabianbusiness.com: Elaf Bank, a closely held Islamic investment bank in Bahrain, has applied for a banking license in Malaysia, chief executive officer Jamil AK Jaroudi said. In an interview in Kuala Lumpur, Jamil said: “If they give approval tomorrow, we will open tomorrow. We are ready. We have a strategic vision that we would like to bridge the two main Islamic hubs, Bahrain and Malaysia.”.............................................Full Article: Source
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