Biggest Sharia Bank
10.28
KUALA LUMPUR - Bank of sharia in the world will be present in Bahrain in June 2009. Islamic Conference Organization (OKI) will be one of the investors bank. Sharia bank that is not affected by most of the crisis became a global alternative to the conventional banking during this.
Chairman of General Council of Islamic Banks and Financial Institutions, Shaikh Saleh Abdulla paulojj said the bank will have a paid capital of 11 billion U.S. dollars (four billion dinar), where the Islamic Development Bank (IDB) to become the largest shareholder.
''I think at this time is the time right to encourage people to invest in the real economy, such as industry, agriculture. Not invest in the derivatives market,''said Shaikh righteous when visiting Malaysia, as dilansir from the Gulf-daily-news.com.
Shaikh Saleh said of the total capital paid, one billion dollars of which will be obtained from investors, such as the IDB. While the remaining 10 billion dollars from the planned public offer of shares (Initial Public Offering) on the Bahrain stock exchange. c67
Republika, 27/1/2009
Chairman of General Council of Islamic Banks and Financial Institutions, Shaikh Saleh Abdulla paulojj said the bank will have a paid capital of 11 billion U.S. dollars (four billion dinar), where the Islamic Development Bank (IDB) to become the largest shareholder.
''I think at this time is the time right to encourage people to invest in the real economy, such as industry, agriculture. Not invest in the derivatives market,''said Shaikh righteous when visiting Malaysia, as dilansir from the Gulf-daily-news.com.
Shaikh Saleh said of the total capital paid, one billion dollars of which will be obtained from investors, such as the IDB. While the remaining 10 billion dollars from the planned public offer of shares (Initial Public Offering) on the Bahrain stock exchange. c67
Republika, 27/1/2009
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