National Bank of Sharjah To Become An Islamic Bank
The Kuwait InvestmentHouse has announced that the National Bank of Sharjah(in which it holds a 20% stake), is to be converted into an Islamic bank. Thedecision was taken in March and the necessary changes are being made for fullconversion of the bank to take place in July. A committee has been set up tooversee the transformation, to study the various Islamic banking products whichwill be used, to consider...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!