Mizuho seeks licence to offer syariah-compliant services
Banks from Japan to Bahrain are aiming to open offices in Malaysia to take advantage of the growth in Islamic finance assets in the world’s biggest sukuk market.
Mizuho Financial Group Inc has applied for a licence to offer foreign-currency Syariah-compliant services in the country. An aproximatly equal licence was given to Bahrain’s Elaf Bank B.S.C. in June.
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