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Islamic megabank gets Bahrain, Malaysia approval

Thu, 2011-02-17 12:00 — newsdesk

A long-touted Islamic megabank has received approval from Bahrain and a preliminary green light from Malaysia to begin operations.
Saudi Arabia's Sheikh Saleh Kamel said the venture is still in discussions with Qatar to obtain a licence.

Source: 

http://www.reuters.com/article/2011/02/16/islamic-megabank-idUSLDE71F1ED...