VOL. XXXV
NO. 33
18-MAY-1992
Financial and Banking News
Regional Banking
Two al-Baraka Financial Companies Plan Huge Capital Increases
Two Bahrain-based investment companies, both owned by the al-BarakaInvestment and Development Company, are planning huge capital increases. Al-TawfikInvestment Fund and al-Amin Securities Company will each raise their paid-incapital to $300mn. They are presently capitalized at $20mn and $40mnrespectively. Both companies operate according to the principles of Islamic...
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