Zitouna Bank and Zitouna Takaful ceded to Majda Group

The company Majda Tunisia has acquired 70% of Zitouna Bank and 69.15% of its insurance subsidiary Zitouna Takaful. Majda, a subsidiary of the eponymous Qatari group, takes, therefore, the control of the two institutions specialized in Islamic finance.

These two acquisitions amount to 370 million TND (131.3 million USD).

Read also:

Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits