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General Assembly of Kuwait Real-Estate Bank

General Assembly of Kuwait Real-Estate Bank latest

Al Bawaba
December 26th, 2006 - 10:33 GMT

Kuwait Real-Estate Bank transformed into Islamic bank

The General Assembly of Kuwait Real-Estate Bank approved on Monday transforming it into an Islamic bank and naming it as Kuwait International Bank. According to Kuna , the assembly approved modifying the constitutional law of the bank to adjust it to its new status, and named members of its Fatwa and Legislation Department. The Kuwait Real Estate Bank was established in 1973, in response to the intense property development and ...
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