Qatar owners inject $124m into UK Islamic lender - Banking & Finance - ArabianBusiness.com:
"Islamic Bank of Britain (IBB), the country's only sharia-compliant retail lender, has received a 75.8 million pound ($124 million) injection from its new Qatari owner to support the bank's expansion plans.
The investment bring IBB's capital to 100 million pounds, after it was acquired in January by Masraf Al Rayan, Qatar's largest Islamic bank by market value.
This will allow IBB to grow its retail operations and develop its commercial business, targeting both British and Gulf-based firms, Sultan Choudhury, IBB's interim managing director, said in a statement."
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