BANKING - ABG Albaraka to spend US 50 million in Indonesia

Albaraka cuts size of March sukuk

Albaraka Banking Group reduced the size of a March sukuk programme to $250 million.

Dubai:  Albaraka Banking Group reduced the size of a March sukuk programme to $250 million (Dh918 million)-$300 million from the planned $500 million, Chief Executive Officer Adnan Ahmad Yousuf said. (source)

VIDEO - Albaraka eyes Indonesia market (interview)

Albaraka eyes Indonesia market

Feb 5 - CEO of Albaraka Banking Group says Indonesia market 'is a market which we think is a target where we have to go and provide all of our products.' (Reuters - Feb 5, 2010)