Kuwait Finance gains central bank approval for Ahli United takeover - Reuters:
Kuwait Finance House has received conditional approval from Kuwait’s central bank for its proposed acquisition of Bahrain’s Ahli United Bank.
The deal depends on a number of requirements to ensure adherence to Islamic Sharia, transparency and protection of free competition, the central bank said in a statement.
KFH announced its plan to take over the Bahraini lender in January.
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