Cattaneo LLP appointed as a non exclusive adviser to the Islamic Bank of Britain plc.
The Islamic Bank of Britain (AIM traded) is the UK’s only fully sharia’a compliant Retail bank having obtained its banking licences from the Financial Services Authority in August 2004, opening for business in September 2004. IBB raised £40 million when it joined the London Stock Exchange’s AIM market in October 2004. It raised a further £7.4 million in January 2009 to provide additional working capital to develop the business.
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