Sunday 13 July 2014
 
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Bank Muamalat

Qatar out of Bank Muamalat stake sale say sources

Attempts by Gulf shareholders to sell a majority stake sale in Indonesian Islamic lender PT Bank Muamalat have hit a snag after frontrunner Qatar Islamic Bank pulled out of the bidding process, sources said. Top shareholders of Indonesia's

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Top owners eye 51pc sale in Bank Muamalat

Top shareholders of Indonesia's PT Bank Muamalat aim to sell at least 51 per cent of the unlisted Islamic lender, in a deal that may be worth about $300 million, sources with knowledge of the plans said. Bank Muamalat confirmed the sale pr

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Al Baraka sees Malaysian bank deal by 2011

Bahraini Islamic lender Al Baraka expects to buy a stake in Malaysian Bank Muamalat by year-end, its chief executive said on Tuesday, as it seeks growth outside of its home market. 'There is a correspondence between us and them. We hav

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