Al Baraka to set up Islamic Bank in Libya

Adnan Ahmed Yousif (pictured), President and Chief Executive Officer of Bahrain’s Al Baraka Banking Group, said that the group is studying to establish an integrated Islamic bank in Libya this year.

According to a report from Mubasher, the new facility will have seed capital of $100 million, and will offer a variety of banking services.

(Source: Mubasher)

No comments yet.

Leave a Reply