US Agency for International Development (USAid

USAid aids Bank Muamalat

Wed, 2011-09-07 08:15 — newsdesk

It appears that US is supporting Indonesia's oldest Islamic bank, Bank Muamalat Indonesia. The US Embassy in Indonesia and the US Agency for International Development (USAid) signed an agreement with the bank to provide financial guarantees for $1.15bn in microloans to low-income women in Indonesia.

Source:

http://www.zawya.com/story.cfm/sidZAWYA20110903070742/USAid_aids_Bank_Mu...

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