Deutsche Bank gets Islamic bank licence (Business Times (Malaysia))
Deutsche Bank has received an international Islamic banking licence from Malaysia’s central bank, the investment bank said in a statement issued today. The licence allows banks to conduct non-ringgit Islamic banking services. Malaysia is recognised as Asia’s main Islamic finance hub but most of its sharia banking business is conducted in the local ringgit currency. The central bank wants to …
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Deutsche Bank gets Islamic bank licence (Business Times (Malaysia))
