VOL. XXXV
NO. 5
4-NOVEMBER-1991
Financial and Banking News
Regional Banking
Al Baraka Announces Plan to Open Islamic Development Bank in Kazakhstan
The Jiddah-based Islamic banking establishment Dallah al-Baraka announced on27 October that it has finalized plans to open a development bank in the SovietRepublic of Kazakhstan, the home of millions of Muslims. The deputyDirector-General of Al-Baraka Investment and Development Company, Mr. Yunis al-Tamimi,said the bank would have an authorized capital...
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