Bahrain-First Islamic Investment Bank for Women in Bahrain
Author: Womens UN Report Network
Date: June 26, 2006
Arab News 27 Jun, |
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Rashad Yousef Janahi, chief
executive officer of Abu Dhabi Investment House (ADIH) said yesterday that Bahrain Monetary Agency (BMA) had granted initial license to start the first Islamic investment bank for women in Bahrain with an authorized capital of $ 1 billion and a paid up capital of $ 500 million. The bank, which will be known as Masrafy, aimed at targeting high net worth women in the region, will be located at the Bahrain Financial Harbor. “Many Janahi “Bahrain has been chosen as the location for the bank He added that women in the Arab world had Janahi said that the studies and statistics from the Masrafy will |
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