September 11, 2012 9:59 by Reuters
Turkish bank Kuveyt Turk plans to launch Germany’s first
full-fledged Islamic bank, aiming to tap into demand for ethical finance
in the wider population as well as within Europe’s second-largest
Muslim community.The bank, which has had a presence in Mannheim since 2010, hopes to apply for a full banking licence in October and will be headquartered in Frankfurt. (source)
