08.11.2010 - Bank Negara to issue first of two mega Islamic banking licenses

From Arabnews.com: Bank Negara Malaysia (BNM), the central bank, has given two conditional licenses to separate parties to establish mega Islamic banks in Malaysia. BNM Gov. Zeti Akhtar Aziz confirmed that one of the conditional licenses is likely to be converted into a full license by the end of 2010, with the second one to follow by the end of the first half in 2011..............................................Full Article: Source

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