UAE-based Islamic lender Al Hilal Bank has been granted an official licence to open Kazakhstan's first Shariah-compliant bank under the name "Al-Hilal Islamic Bank". The new bank is fully owned by Al Hilal Bank with a capital of $36m, and is headquartered in the city of Almaty with a branch in the city of Astana.
You might also like...
Abu Dhabi makes major construction investments
25 April 2024
Saudi Arabia seeks K9 PPP project interest
25 April 2024
Kuwait reviews 1.1GW solar prequalifications
25 April 2024
LIVE WEBINAR: Abu Dhabi Oil & Gas 2024
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
