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May 13, 2003 Tuesday Rabi-ul-Awwal 10, 1424





MCB Islamic banking



By Our Staff Reporter


KARACHI, May 12: The Muslim Commercial Bank has finally received a licence to open the first dedicated Islamic banking branch at Shaheen Complex.

A press release on Monday said the State Bank issued on May 7 a formal licence to the MCB for opening an Islamic banking branch. The MCB Islamic banking branch is expected to commence operations by July this year.






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