Qatar Islamic Bank (Q.S.C.) is looking for acquisitions. Qatar Islamic Bank could use future sukuk issues to back a potential acquisition, its Chairman, Sheikh Jassim bin Hamad al-Thani, told Reuters, after shareholders approved increasing the amount it could raise from issuing Islamic bonds. "We want to have it approved so at a later stage when we need it, probably for an acquisition, it is available and can be used," Sheikh Jassim told Reuters.
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-96.60% | 32.24B |
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