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SDFC Looks to Establish Islamic SME Bank

The SME Development Finance Corporation (SDFC) is working to establish an Islamic bank for small and medium enterprises, its CEO Nazim Habeeb said at an SDFC product launch. SDFC is preparing documentation with an international consultant and plans a submission to the Maldives Monetary Authority, with the bank expected to be set up by the end of the year.

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Sources 1carried it 1 of 19 news outlets we monitor

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