Dubai International, Dubai Islamic Plan New Jordan Islamic Bank

 http://www.bloomberg.com/apps/news?pid=20601116&sid=arqhbPFtLRyY&refer=africa

By Arif Sharif and Will McSheehy

April 16 (Bloomberg) — Dubai International Capital LLC and Dubai Islamic Bank PJSC plan to start a new Islamic bank in Jordan, Dubai International’s Chief Executive Officer said.

The two state-backed companies plan to “create” the new bank after Dubai International started a mortgage venture in Jordan with Amlak Finance PJSC, Sameer al-Ansari said at a conference in Dubai today.

To contact the reporter on this story: Will McSheehy in Dubai at [email protected] Arif Sharif in Dubai at [email protected]

 

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