Friday 30, December 2011 by Robin Amlôt

QIB acquires IBQ’s Islamic Banking Corporate Portfolio (Al Yusr)

Qatar Islamic Bank (QIB) has taken over IBQ’s Islamic banking corporate portfolio (Al Yusr). The agreement was signed by Ahmad Meshari, Acting CEO of QIB and George Nasra, IBQ Managing Director and the transaction has received the approval of the Shari’ah Boards of both banks.

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