Deutsche Bank has obtained an international Islamic banking licence from Malaysia’s central bank, Bank Negara Malaysia, which will allow it to offer Sharia-compliant derivatives in Asia in currencies other than ringgit.
Deutsche said the new licence would allow it to provide "a
range of products, from simple flow requirements to more
tailored structures that fit the individual needs of the
bank’s corporate and institutional
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |