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BAHRAIN'S ALBARAKA GROUP EYES COOPERATION WITH PAKISTAN'S PICIC.
(From Asia Pulse)
KARACHI, Feb 4 Asia Pulse - Albaraka Banking Group, Bahrain (ABG), holding company of Albaraka Islamic Bank has expressed willingness to co-operate with Pakistan Industrial Credit and Investment Corporation in promoting Islamic banking in Pakistan.
This interest was shown by the chief executive officer of ABG, Adnan A. Yousif during a meeting with the managing director of PICIC Mohammad Ali Khoja at PICIC head office here Wednesday.
Adnan who is also the vice chairman of Albaraka Islamic Bank said that Islamic banking has progressed well in the world during recent years and its growth was recorded at 15 per cent compared to formal …
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