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 AFB to disburse RM1.5bil funds

Sunday - 07/02/2010 Sent To Friends Print Save + Favorite
Source : The star
Asian Finance Bank Bhd (AFB), the Malaysian unit of Qatar’s biggest Islamic bank, aims to disburse RM1.5bil funded assets in 2010 compared with RM1bil in 2009.
Asian Finance Bank Bhd (AFB), the Malaysian unit of Qatar’s biggest Islamic bank, aims to disburse RM1.5bil funded assets in 2010 compared with RM1bil in 2009.

Chief executive officer Datuk Mohamed Azahari Kamil said the bank would focus on cross-border deals, especially in the area of collaboration between the Middle East and Indonesia.

AFB is also looking at 40% of its total funded assets coming from cross-border deals.
“We believe there are a lot of potential in Indonesia for the development of syariah-compliant investment instruments,” he said after distributing angpow packets and mandarin oranges to expressway users at Sg Besi toll plaza on Feb 5th, 2010.
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