Bahrain’s Al Baraka Islamic Bank eyes France, Indonesia for expansion
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SHARM AL-SHEIKH, Egypt Jan 31 Bahrain's Al
Baraka Islamic Bank "BARKA.BH plans to open a sharia-compliant
bank in France next year as the lender seeks to expand into
Europe, Chief Executive Adnan Ahmed Yousif said on Sunday.France has one of the largest Muslim populations in Europe
but cultural and legal obstacles have impeded the development of
its Islamic finance industry."We were in the midst of launching an Islamic bank in
France, but with the global financial crisis the project was
halted, Read more [...]