News Column

Barwa Bank opens office in DIFC

July 6, 2014

Doha



Barwa Bank, a leading Shari'ah compliant banking service provider in Qatar, has announced the opening of a representative office in Dubai International Financial Centre (DIFC).

Khalid Al Subeai, acting CEO at Barwa Bank, said: "This is the first time Barwa Bank has opened an office overseas and is testament to our commitment to developing the Shari'ah-compliant financial market outside as well as within Qatar."

Keith Bradley, Group chief operating officer and GM International at Barwa Bank said: "Barwa Bank has been providing facilities to public and private sector companies in the UAE for three years now. Opening a Representative Office is a logical next step as we seek to deepen existing relationships and enhance the level of service we can provide."

Jeffrey Singer, CEO of DIFC Authority, said: "We are delighted to welcome Barwa Bank to DIFC. Dubai is well-positioned to become a hub for Islamic finance, and we look forward to supporting the growth of businesses such as Barwa Bank, who are looking to expand their Shari'ah compliant offering across the wider region." TradeArabia News Service

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Source: TradeArabia


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