Amanah Raya Bhd
Amanah Raya plans Kazakhstan Islamic bank in 2012
Tue, 2011-01-04 12:06 — newsdeskMalaysian trustee firm Amanah Raya Bhd expects to obtain licences to set up Kazakhstan’s second Islamic bank in the second quarter of 2011 and begin operating the lender within a year.
Amanah Raya would have a 55 per cent stake in the joint venture company to be set up, state-run Development Bank of Kazakhstan will own 40 per cent and brokerage Fattah Finance the balance.
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