Bahrain’s Al Salam Bank is to provide Islamic banking consultancy and training to Libya’s Sahara bank; it was revealed yesterday.
The revelation came after Sahara Bank’s Acting Director General received, on Monday 3 June, at Sahara bank’s Tripoli headquarters representatives of the Al Salam Bank.
During the meeting, the two sides discussed ways of cooperation between the banks in light of the transformation of Sahara Bank to an Islamic bank (announced on 8 January 2024). The meeting discussed cooperation plans that will be implemented soon, which aim to provide consultations in the field of Islamic banking and provide training programmes for the Sahara bank’s employees in this field.
They also discussed the agreements to be signed between the two banks, and the two sides agreed to adopt Al Salam Bank as a direct correspondent bank for Sahara Bank in Bahrain.
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Tags: Bahrain BahrainiIslamic bankingSaharay Sahara bank
