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Sudanese bank to restart Islamic bond salesBank of Khartoum, Sudan's oldest bank, plans to start selling Islamic corporate bonds, or sukuks, again as the economic outlook for African country improves in the wake of an oil deal with South Sudan, its general manager said. More… |
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Khartoum bank deploys Kuwait IT firm solutionsBank of Khartoum (BOK), Sudan’s largest Islamic commercial and retail bank, has deployed the iMAL solution from Path Solutions, a leading Kuwait-based banking systems provider. With the iMAL Enterprise Islamic Banking and Investment System More… |
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Dubai Islamic unit to take over Sudan bankDubai Islamic Bank unit Bank of Khartoum plans to buy smaller Sudanese rival Emirates and Sudan Bank, a report said. Dubai Islamic, the third-biggest Gulf Islamic lender by market value, would own 28 percent of the enlarged lender after th More… |
