03.11.2010 - Al Baraka undertakes first ever Islamic banking merger in Pakistan
From Zawya.com: Al Baraka banking gruop is the biggest Islamic banking group listed on the Bahrain Stock Exchange in terms of capitalisation. It has been rated by Standard & Poor's as BBB- with a short-term rating of A-3. ABG offers retail, corporate and investment banking and treasury services strictly in accordance with the principles of the Shariah. The authorised capital of ABG is US$1.5 billion, while the total equity amounts to about US$1.59 billion..............................................Full Article: Source
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