Friday 19 April 2024
 
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Dubai Islamic investment

Dubai firm buys stake in Brunei bank

Dubai-based Islamic investment firm Fajr Capital has bought a undisclosed minority stake in Bank Islam Brunei Darussalam (BIBD) making it the third-largest investor in the Asian bank. It is the first stake purchase by Fajr Capital, which w

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Dubai Islamic plans halal investment firm

Dubai Islamic Investment Group and two partners will set up a firm to look for halal-based investment opportunities, the company's managing director said on Tuesday. Marwan Hassan Al Khatib said the company's partners in the venture are Ma

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