Qatari Banks, Southwest Securities Plan Islamic Finance Venture In China
Qatar National Bank and Qatar International Islamic Bank have signed an MoU for the venture.
Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding to establish a company handling Islamic finance deals in China, Qatar’s central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.
The banks are Qatar National Bank and Qatar International Islamic Bank. No further details of the venture were immediately available.