Tagged: Mauritius

Two banks to offer Islamic banking in Mauritius

Two banks to offer Islamic banking in Mauritius

The statement of Iqbal Belath, Deputy Governor, Bank of Mauritius, points out the fact that the bank has already given licences to two banks to launch Islamic banking services. The statement was given at the International Conference on Islamic Banking …

Mauritius launches its first Islamic bank

Mauritius launches its first Islamic bank

Mauritius’ first fully-fledged Islamic bank launched operations on Thursday, as the Indian Ocean island seeks to become a regional Islamic banking hub.
Hesham Shokry is the chairman of Century Bank. He points out that its first two to three years would…