Tag Archives | Masraf Al Rayan

Qatari Bank Targets Libyan Islamic Banking

An extraordinary general meeting (EGM) of Qatari bank Masraf Al Rayan has approved a plan to acquire a shareholding in a Libyan commercial bank, the North Africa Post reports. The meeting also empowered the board of directors to take decisions concerning urgent business and company acquisitions up to a total cost of QR1bn for two […]

Qatari Bank Targets Libya

A Qatari bankm is reported to be seeking shareholder approval increase its capital in order to buy a strategic stake in a Libyan commercial bank. In a bourse filing, he sharia-compliant Masraf Al Rayan bank said it will ask shareholders to approve the stake purchase, but it did not say which Libyan bank is to […]