IslamicFinance.de

Since Ridge Islamic Capital wants to be able to offer a full range of sharia-compliant financial services in Egypt, it is looking for a local brokerage to buy. Such an initiative would be a part of its expansion plan. The company's intentions are to start providing sharia-compliant brokerage services during the last three months of 2012. The brokerage they are looking for should have a solid reputation and a track record. Potential candidates and deal size have not been made known so far.

More on: http://in.reuters.com/article/2012/09/26/egypt-islamic-brokerage-idINL5E...