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Malaysia's Bank Islam scraps plan for Muamalat stake-paper

Tue, 2011-04-12 16:52 — newsdesk

Malaysia's Bank Islam has a plan to acquire a stake in Indonesian lender PT Bank Muamalat.
Some sources say that Bank Islam decided against a bid as it was deemed too expensive.

Source: 

http://www.reuters.com/article/2011/04/12/bankislam-idUSL3E7FC02120110412