Egypt’s National Bank for Development (NBD) appears to be the latest standing conventional bank to move toward Shariah-compliance.

Originally, when NBD was founded in 1980, 2 of its 13 original branches were Shariah-compliant. Today, 19 of 68 branches are Shariah-compliant.

However the momentum seems to be swinging in the direction of Shariah-compliance…

http://www.ameinfo.com/225142.html?

 

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