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  • AK BARS Sharia-compliant investment deal
Russia Banking & Finance

AK BARS Sharia-compliant investment deal

31/01/2014

AK BARS Sharia-compliant investment: The Kazan-based AK BARS Bank has just raised $100m of Sharia-compliant investment from a syndicate of Arab and Middle Eastern banks. This is the second agreement between the Tatar bank and oversees Muslim investors and reflects the growing demand for Islamic banking products. Voice of Russia

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Topics: Islamic banking

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